the good record again sir, next opponent jabar. we need 3 out of 4. 1 of those victories was it wimbleton 2 years ago. and you were up to date. stephen beasley is up next week dw business, looking at white folks on a free trade agreement between the e u. a strain the guy have sold tom tower, trade and value. thank you so much for watching. the people in trucks insured when trying to free the city center. more and more refugees are being turned away from these trades extreme

to 100 people around the world. more than 100, which we ask why? because no one should have the make up your own mind. me for mine's the, the therapy in union and australia failed to nail down a free trade deal. good disagreements over things like branding for cheese and wine get in the way of a deal that would cover critical minerals needed for electric batteries. we'll take a look 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 luxury vegetable garden right smack in the middle of july, 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 on result issues. australian prime minister anthony albany is a set exporters from this country should have access to your pin 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 you is australia's 3rd largest trade partner. let's go for that to marina strauss in our brussels bureau. marina, what is stopping this tray do to it's basically all about bees to put it in very

simple words. so brussels made an offer that would allow some artery cultural products, some office training, lots of 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, lab 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 to taste the apartments. i'm can also be coal parmesan if it is produced in australia because the uses only cheeses that are produced in certain regions and easily can be called parmesan. alright, 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 one 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 economic split. even if australia is by far not the largest trade in pod north of europe in union. but it has critical role materials that they use. so desperate to needs for its korean transitions, for example, for electric cars also the wants to become less reliance on countries like china. it's less than it has so basically learned due to russia's invasion of ukraine and something new countries realize, oh, we far too 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 trades 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 eu 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 is always been difficult to a line of 27. you remember stage they have all different interest and mainly in the agriculture 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, the best take the mattress to try to you. for example, is the trade the,

the you wants to close with less than american countries that use us. we are password, much concerns about deforestation of the rain force and legend america. but then there's some other issue, the macro still 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 strauss and brussels on those negotiations between the you and australia on a free trade deal. thank you. marina of china has extended a package of stimulus measures for its trouble. real estate sector including load 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 rollout to support and stabilize a property market where financing has all been dried off in recent months. overnighted so its on hun inside pay for more. so this is essentially an extension of measures that were announced last november. can we say, what did 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 beauty appeal laws on roll over old laws that people are waiting for appropriate to stimulate the demand for housing to finalize the housing market. so love yourself also lead to the lack of willingness of real estate companies to do that new projects and to start construction. so in the short term, in the case of themselves, returns financing have not improved speed. typically, route state 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 cool bit outbreak, the real estate market was an important driver all the time as it is nomics assess 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 exactly as china overall past 15 years performances. and has been driven by investment, a large portion of that capital flow into a 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, on 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 expected lush, green 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 was 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 extremely clean hall with a gown. gloves and a mouth guard spread over 5 floors. thousands of plants sprout in just 2 weeks. germs, fungi and insects are not allowed and 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 of 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. robert fellows once perfect, touched with production, fewer and clean with no risks as the farm director promises. we don't use any form of insecticides, we don't use any form of it 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,

bushera 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 raw 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 on logic as out at the w dot com slash business. we're also on youtube. under the dw news channel. i'm thinking there's invalid. it's watching the

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