to be there, after enduring a miserable 2022. i didn't play for 6 months last year and yeah, you never know if you're going to be an adult level again and i'm just so grateful to be here and to be healthy. you know, to play dennis again. so yeah, was the last day of what you my best time playing qualities for the cost on. so it's a, it's a change growth. um just see every great, so you're up to date now on data views. i'm sarah kelly and berlin. thank you so much for watching us. take care the and he's tackled to this session hot spots in germany 0 dw travel extremely visit the

germany warrens its businesses to avoid becoming dependent on china. we'll hear what firms like volkswagen have to say about preventative stance. many of them having increased their investment in china in recent years. also on our show, the french economy emerges as

a bright spot in europe. we'll look at why the countries are tracking more for an investment and its neighbors. hello, and welcome to our show. i'm seeing busy in berlin. dean risk getting may be the word of the day in berlin, where the government has finally released it's long awaited china strategy. which in part purchase businesses to the risk from china, or reduce their dependencies on the country. the german cabinet approve the 64 page document thursday. it warrens that german dependency on china has grown in recent years. and it wants economic relations with the country to become fair, more sustainable and more reciprocal. well, the strategy outlines measures to protect critical infrastructure and sensitive technology, and it warns companies about relying too much on chinese market, the chinese market or on chinese suppliers. well, here's look at how dependent on china several major driven firms currently are. and this is just for revenues, a chemical producer, b a s f and sports,

where retailer audi task, both pulling about 14 percent of their total revenues from the country in 2020 to mercedes, somewhat higher, almost a 5th of its revenues last year coming out of china now look at volkswagen, china, accounting for almost 40 percent of the companies revenues last fiscal year. that's one of the world's largest automakers. all right, let's listen down to what german foreign minister on elena bear bought said about german firms. they listen the aisle. we need to focus on our economic security more. i mean, does that, so that means that costs the risk of the don't just impact the individual side, but rather impact the entire national economy must be minimized. look easy. it means no, i'm so in a bit, steph, as an example, the folks with us companies that make themselves particularly dependent on the chinese market will increasingly have to bear the financial burden of this risk using cold cash that zips garden miss. and the part of the economic security is

that companies need to ensure that in their supply chain, and they are aware of the human right or move to phillips and ensure that they are not violate image of naturally we have a responsibility to human rights all but we also have to reduce the risk for germany as a business location and also europe. because if we accept the violations of human rights, i'll get to that this will also have impacts on, on european countries here. so in time, in meanwhile, businesses and industry groups in germany have already begun responding the president of the federation of german industries for examples like freed what's bottom. it says that his group welcomes the chinese, the china strategy paper rather in general. but he also says the quote, there's a danger that the ability for businesses to act will be restricted to far invest. the generation of wealth and innovation will be unnecessarily hindered through tighter regulations that is all right,

let's go now to saskia here. basically joins us from the academy for political education into a thing in germany. selves ask you, thank you for joining us. this strategy paper, to what extent does it represent a shift for germany on trade with china? so it doesn't really represent the shift, 1st of all, and very interesting the organization also timing off to the gum, when consultations with china in june after that made to summit in the multics. and this is a, this is a perfect um, i deal of how this government wants to transmit um, its policy and politics. um, it's not so much about the ton us trilogy, which isn't a strategy. it doesn't even the framework it's just sidelines bought very important believe it's a demonstration that this government valenze is going to work this 3 policies to do

form the government in china. finally, after all the problems was the energy and other issues. i have been able and this is what performed ministry said very openly, it had been a success the all the administration works together. coal presents funding and getting a successful pay put together. and very importantly, the issue has been this is, was in the e. you framework does this, does this paper represent a clear direction for germany and for german businesses? so a lot of the knocking on the policy to this point has been at this 3 party coalition has been at loggerheads over its position against china. or um, well know to somebody bought the collision. uh, it has been along with the german industry and with branches of parts of the economy. and the danger had been the parts of very powerful lot chemistry

from a subject class car industry. other person from high tech industry would've taken a different part in conducting an own telling us trilogy. so it had been good for the government been to um, to conduct a ton this strategy here because of the danger. but some parts of the industry, some broaches, and some drops as well to go with their own kind of strategy was only accepting a governmental china strategy would have been to, to well up a park. and we've seen that german investment in china has increased in recent years, especially as the chinese economy looked at least like it was starting to turn around after the pen demik. are they going to invest less because of this strategy,

or will they continue? what they were doing, it depends on the branch of some branches will we invest? i'm new to invest in china. and there is an interestingly new pasadena, the german china daughters will form cousins and brent daughters and the new originally german companies will have a chinese grand daughter's with a capital from a chinese bank that is called a cynthia risk game. how much was that will work? because the, the, the outcome of course, of the return on investment will still have to be, was the oldest of companies and in europe. but again, the danger is with any new china strategy is that a multi nationals and huge companies will do couple themselves

from any national to men, china policy and spivey, which is not a strategy. this is just um, a paper afraid you saw the rock and leave it there. i'm afraid. so i'll be here with the academy for political education in germany. thank you very much. and we go now to some of the other global business stories making headlines. the world's biggest gallium buyer says clients are stock piling due to china as planned export restrictions of the rear metal for our bigger compound materials says the industry is on edge as chinese, gallium companies have driven most rivals out of the market by under cutting prices over the past decade, gallium is used in smartphones and electric cars. as google has made us a chat box barred available to 50 more countries, including the new member states and brazil, the tech giant aims to catch up with microsoft back to chat g p t by expanding

access to bard. google also announced new features to bard including audio responses and photo analysis. now, last year, france attracted more foreign direct investment than any other european country. a considerable achievement, even if the overall economic impact is somewhat limited. is a report from one year opin mega project in the countries north. this is francis new 3000000000 euro giga factory, a c c in the northern most region of board of costs. a joint project by ducks companies to lantus. germany's mosquitoes and fonts is to try it and now see that someday with supply batteries for up to $500000.00 electric vehicles per year. so we probably could be really busy. right now. we're getting all the batteries from asia, from china, south korea and japan. but we want to create our own industry to design produce and

sold batteries, that at 100 percent made. that says to the pharmaceutical software and telecommunication sector. also batching on friends with a total of $1300.00 foreign direct investment. last year, samples i was in your, on a civil bronzes, highly qualified engineers and technicians, and a re, industrial culture. and the country has an enormous advantage compared to a neighboring country, such as germany, the cheap nuclear electricity company from plans to maintain its high nuclear electricity share. currently at around 70 percent. the french government has been cutting corporate texas and red tape, hoping to entrepreneurs all solve this course. hope you have to pay a foreign direct investments in 2022 created 58000 jobs for the economy, except on it by 2.6 percent last year. and we continued to grow this year with

countries such as germany entered into recession or is this your, this economist agrees lots of foreign direct investment is good news, but it's hardly the reason behind fonts is strong economic results. and people got unemployment has gone down because our population is aging. and there are less people available for what and businesses has been receiving subsidies to stoughton, the economic impact of the coven, 19 epidemic, and the ukraine war. that's why they could invest that money, which led to growth in this region. the european project is seen as a boon. the traditional car industry employees more than 50000 people here. but because the u has then the sale of petrol and diesel cars, beginning in 2035, many of them have to find new jobs. looks like the photo we want to quickly be fully operational here, and our factory will be part of the full battery ecosystem. and this value, at least 3 of the battery giga factories, upland in the vicinity,

in the near future, these companies and the supply chain could add up to $10000.00 jobs in what funds is already coating it's factory valley. and finally, german travelers faced majors lays on thursday as climate act was gain access to tar backs at the homework and do sort of airports just in time for the 1st big wave of holiday travel, brothers and members of the last generation group glued themselves to the tarmac meetings, numerous flight cancellations, other activist cut through security fences blocking access routes to the runway. last generation is known for its disruptive protests, blocking roads and airports, demand tougher government action to reduce greenhouse gas emissions. the are. all right, and that's our show. you can find out more a lot of the w dot com slash business. check us out on youtube as well under the dw news channels. obviously busy. thanks for watching the

center of the conflict with tim sebastian. it's nearly 3 weeks since rushing most new ways from the 500 pointers. that tags towards most got tons out the 5 days off to the episode guaranteed pre goshen was having told to fulton and from what is it? only my guess is russian political sciences to customer to show me now page conflicts to the point to clear positions international perspectives today. so summit in vilnius was told that as a summary of the pallets showing unity and strength, but you cranes presidents, it ends to lift disappointed. and we also need to add to those security for you

crate. to the point 60 d w. the would be to us that's why we listen to their stories. reporter every weekend on dw, the, it's nearly 3 weeks since russian lesson raised from the bottom of group pointed that tags towards moscow and were branded traces in newton is by the government. and now there's a new twin sons out the 5 days off to the episode in which more than a 1000 russians were killed above this boss here gave me pre going and was having towards with put.