also in our show, china is extending stimulus measures for its beleaguered property sector, which continues to wait on the country's economy. and we'll give you a tour of a lush and vegetable garden right smack in the middle to buy. i've seen busily in berlin, welcome to our show, talks over a free trade agreement between the you and australia have stalled, with negotiations meant to conclude this month. but there are a number of unresolved issues. australian prime minister anthony open is a set exporters from this country should have access to your p and markets. for example, for b, for sugar. and other sticking point is geographic indications around certain e, you products. they require precise labeling based on the exact origin of an item, and they often involve winds, cheeses, and meets. the e. u is australia is 3rd largest trade partner. let's go over that to marina strauss in our brussels bureau. marina. what is stopping this tre, do?

it's basically all about bees to put it in very simple words. so brussels made an offer that would allow somebody to cross her products, some office training, not actually cultural products into the european market. but it's true to says, oh no, that's not, that's not enough. we really need meaningful access. also land rise sugar, other agricultural products are at, at the at stake. you are part of the discussions, but this is a very difficult issue for you because some of you countries, for example, from a very protective when it comes to their farmers to the agriculture 2nd sector. also another controversial issue for australia is the question. if the parmesan cheese so cheese said looks like parmesan, the taste i promised i'm can also be cold parmesan if it is produced in australia because that uses only cheeses that are produced in certain regions and easily can be called parmesan. as right, we've heard some of these trade issues before with other trade deals. at the same

time, both sides have to be looking to get something significant from the other. what does each side want from the other in a free trade agreement? so for both sides, this is a important right agreement when it comes to, to politics and also a economics. but even if australia is by far not the largest trading partner off the european union, but it has critical role materials that the use so desperate to needs for it's creating transitions. for example, a for is electric cars also that you wants to become less reliant on countries like china. it's the less than it has so basically learned due to russia's invasion of to craig and then something new countries realize, oh, we fall to dependent on russian gas, for example. and australia has the same issue. they also wants to become less reliant on their big neighbor china because they have realized that the very dependence and have also realized the trade leverage china has. it's

interesting to imagine parmesan cheese getting in the way of some of these bigger issues like critical minerals at the same time we have seen in recent years at the you has struggled to secure these major trade deals, whether with the us with canada, with major economies in latin america, why hasn't gotten harder, seemingly, to secure these deals? it has always been difficult to a line of 27. you remember stage they have all different interest and mainly in the culture sectors, but also in other sectors. and it has always been difficult to align standards your standards with other standards in, in other regions of the world. but it is true that environmental issues also human rights questions has become more important in the last couple of years. it doesn't necessarily mean that the environmental questions are always part of these trade deals. usually, then at the end, the economic questions take the center stage, but that's the small backlash. more people taking to the streets. let's take the

mattress or try to you. for example, as a trade to the e. u. a wants to close with less than american countries said that use us, we are the password, much concerns about deforestation of the rain force and legend america. but then there's some other issue, the macro, so countries, investment americans say we don't want to be told what kind of standers to abide to by the european union. we want to see i to i and that's actually that question. this is who i end up wanting to be told by europe is a, an issue that often plays a role in these try to write marina's charles and brussels on those negotiations between the you and australia on a free trade deal. thank you. marina to china has extended a package of stimulus measures for its trouble. real estate sector, including loan relief for property company struggling to make payments. the peoples bank of china and financial regulators said they want to ensure the delivery of

homes currently under construction. some loans will be extended to next year. the relief is seen as part of a broader policy roll out to support in stabilize a property market. we're financing as all but dried off in recent months. overnighted, so it's on 100 inside pay for more. so this is essentially an extension of measures that were announced last november. can we say whether they really helped the property market to this point? yes, they have your right. but as you mentioned, it's nothing new. they are just and that's just to make it easier for bueller's appeal laws on roll over old laws that people are waiting for appropriate to stimulate the demand for housing to vitalize the housing market. so lot of yourselves also lead to the lack of willingness of real estate companies to develop new projects and to start construction. so in the short term, in the case of themselves, returns financing have not improved speed difficult leads. real estate enterprises

are still facing greater challenge to cash flow, so it's difficult to show any significant improvement in the law in a short time. help us understand how heavily this flagging property sector in china is waiting on this economy as well. um, house the market is the main reason for the reason weakness in china is economy prior to the corporate outbreak. the real estate market was an important driver all the time. as it is, nomics assessed the end of a long period of prosperity and the real estate market can cost multiple damage it to the economy. on the one hand, it will drive down the construction industry and all services related to home building and sells. on the other hand, home owners may cut back on spending for fear of losing their most valuable assets, which in turn will impact on private construction. and the addition many enterprises in china use rule as good as collateral for their loss. so when the

real estate market calls private investment will follow over all the shuttle all but the real estate market is likely to continue to them over china, us economy for a long time. not just until the end of this year. and as we've seen, recent economic indicators generally quite disappointing for china at the moment, showing an economy that's impact flirting with deflation. you mentioned the stimulus that people are waiting on. can we expect more stimulus announcements from badging in the near future that we don't know. china's current situation is closer to that of japan in the 1980s. although japan was much richer than china, is now it's non, the gross has follow a similar, similar to directory of china overall past 15 years performances. and has been driven by investment, a large portion of that capital flow into real estate. part of the problem was that the government wasn't too slow to react when japan as a tries bubble burst in late 1989 unfortunately kind of looks like it could follow

in japan, splits that's many of the chinese government's economic policies are still em edit, promoting an export investment, well, discouraging consumption policies such as drifting in the social security system, which it could provide a permanent boost to household spending will take years to, to realize. right, so it's on 100 inside pay talking about the rece extension of those stimulus measures for the chinese property market. thank you to over to do by now modern megacity, where residents still expect less screen vegetables despite the desert setting. but importing food is expensive and costly for the environment. inter vertical farming due by his just open the world's largest such operation. could it become a sign of things to come elsewhere in the world? sewing leaf, let us, but in stero phone without soul,

without the sun shot up around the place is a seed in each hole. hundreds of times i've been speaking the slow process. but the biochemist from india is only allowed to enter the extreme, the clean hall with a gown, gloves, and a mouth guard spread over 5 floors. thousands of plants sprouts in just 2 weeks germs, fungi and insects are not allowed in. nothing can be left to chance. precision is key and lead the lights switch off in phases. the temperature sits at a constant $23.00 degrees celsius, a special mix of nutrients fills the water. sensors monitor the process, a high tech factory for vegetable mass production in the middle east region. when they're fully grown, they're sold into by the demand for fresh vegetables is huge and the city 80 percent is imported at

a high cost to the environment. vegetables from factories like this make more sense in the emeralds. it took 6 months to build the world's largest, where to go farm in the desert, a symbol of efficiency and independence. all the data is collected in the control room round the clock. roberts, fellows, once perfect, watched the production viewer and clean with no risks as the farm director promises . we don't use any form of insecticides. we don't use any full method besides a full pesticides on our products. the completely clean, obviously what used externally obviously has the potential risk in terms of the products themselves and also the land that's around that. so we can guarantee multiple harvests, we can guarantee the uniformity of the product that we grow. and we can come obviously the continuity of the supply of that product, $365.00 days a year, leafy greens, to parsley spinach. and then we'll go to these vegetables grow much faster indoors

will show up or on the a has observed. and the girl with much less water. it is research related and filtered. that saves 95 percent compared to outdoor farming. the space required to grow with them is also much smaller, but the air conditioning and wind machines consume a lot of energy and are expensive. it's the downside of factory made products. and here's a reminder of our top business story. this our talks over a free trade agreement agreement rather between the you and australia have stalled . brussels is hoping to gain better access to all materials from australia and become less dependent on china. holding up an agreement, details over agricultural goods and policies. and that's it for our show, you can find out more online check us out at dw dot com slash business. we're also on youtube. under the dw news channel, i'm seeing there is invalid to watch. the

people are fighting over water in the struggle have increasingly painted herders against farmers. everyone needs the precious resource to survive as the day is. and no man who wants to mediate these disputes to stop the vicious cycle of violence and 3 in residence before it's too late. the 19 minutes on d w. the discovery, change your mind. just a click away. find the best document trees on you to see the world,

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