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governments that go crazy for your data. explain how to use technology's work. that's how they can also to watch it. now. the china as frail post coven recovery is losing more speed. the world's 2nd largest economy grows only 0.8 percent quarter on quarter and mid faltering demand. a lot of expert analysis on where china as economy is, tenants also coming up for digital pressure as high to push a trade deal between the e u and countries of the latin american medical store to lock them. cross the lines

left calibrators in brazil, and belgium and with heat where sitting parts of asia, europe, and the us will show you the impact soaring temperatures have on honey makes. you know, of course, global rocks, rover chinese economic recovery continues to lose momentum. and the 2nd quarter of this year, the chinese economy grew by only 0.8 percent compared to the 1st floor. the highlights, the struggles of the world's 2nd largest economy and getting its engine running due to intense restrictions. during the cove and 19 pandemic, china's economy had a troubling 2022. at the beginning of this year, things started to look promising, but again, the growing trajectory is not stable. let's take a closer look at the matter with thomas cuts us clips of the university of sam callan. welcome back to w thomas. and how much trouble is the chinese economy a good

afternoon. i'm. yeah, the numbers have not been good. so that calls for structural reform at china is, is not in travel, it's still going to account for a 3rd of global growth will be coming from china. so, so that's significant. china will grow maybe 34 percent, but it's less than expected. if it's less then it's needed, and let's start talking about start from a form here in a 2nd. first of all, what are the biggest problems run as well? a use unemployment is, is a big issue at all. we're at 20 percent. and the fact that china needs to transition from made in china to innovated in china so, so that calls for uh, you know, moving on to, to higher value added to segments of the, of the economy. so, so that's another, a challenge that china has. so, so there's a couple of the things that china, you know, erica could have been done uh,

better and them, you know, so the numbers ends up being a little bit disappointing. and last month's the central bank cut, it's a benchmark lending rates by 10 basis points. is there more stimulus coming? hm. probably, yes, the inflation is very low. so a china kind of forward to cut down uh, interest rates. uh, even further, right. the p. p. i was down uh, is down at 5.5 percent, that cpi is also close to 0. so, so there is enough room if uh, if um you want to add monetary stimulus. that's doable. china as there's a leeway. but there are concerns about mounting debt and china. you do not share these so yeah, so those are definitely uh there. um there's different uh,

parts of the economy that are in depth. it, for instance, you have the, the local governments, no sierra solution would be to have a, some sort of deck swap with the central government because the local governments are distorting the economy. so that could be a solution. we haven't heard anything in this regard. you also have the large corporations who are, who are wanting that good. it is a, it is a concern. and not thomas after a strict 0 corporate policies and a crack down on the companies. the chinese state and party leaders using paying has been trying to rule the private sector. how's that working? yeah. well, um, it's a, it's not yet the taking it taken off. i think the private sector is waiting for the structural reform a package, a serious, a sets of, of incentives. this some bright, the aspects in china's economy. like, for instance, the, the easy market,

the china is going to be the main ex, border of cars this year. it's going to surpass japan with 4000000 car so. so some areas of the private economy doing extremely, extremely well. but overall, there's probably more uh, reform needed and more similar, more signals from the top to the echo systems that they can, you know, get on with the investments again and thomas and blond terms, we have 20 seconds left. give us an idea of what the structural reforms need to look like. so yeah, well, it's shifting from manufacturing to services. i think this is extremely important. and then encouraging those echo systems right. china has been successful in the past because it's been pop down an industrial policy. we've bought them up a copy, the list old for a copy of the list, the system. so combination of the, of both that where the private sector is incentive, ate it, and then some, some area of focus is maybe decided from the top. not i like the i r a in the,

in the united states. that combination could be very successful. thomas cuts us flats, director of the china competence center at the university of some gallon and switzerland . thomas, thank you for your time. thank you very much. i or and out to some of the other global business stories making news. twitter has lost nearly half of its advertising revenue since the long last took over a better reality for a company was $14000000000.00 in depth. advertisers have been reluctant to spend money on the social platform for mister musk made a series of controversial product and policy changes. russia has seized control of the russian subsidiaries of differentiate over make, are done on it. and the danish who calls us versus lead a volume of food and a lot of units be put under what he calls temporary managed. previously, the kremlin, had warned, as it sees western assets and retaliation for moves against russian companies

abroad. for the 1st time and 80 years leaders of the european union and latin america as well as the caribbean, are gathering for a summit. again, trying to strengthen ties which have been strained over several issues in the past . for example, there is mounting political pressure to finally get a trade deal between the you and the america source states of latin america across the line. they've been talking about a trade deal for more than 20 years. marcus, or as an economic block including argentina, brazil, uruguayan power. why then, as well as membership is currently suspended, and you, marcus, or deal with the cuts terrace and remove other trade barriers to create the largest free trade area in the world. it would cover about $770000000.00 people and about a 4th of the world's gross domestic product. now, while some say the deal offers opportunities, others all worried about the consequences dw, is nadia. punters report from brazil,

and lucy or shelton, from belgium, of the schedule being raised in brazil, much of them each will end up in european supermarkets their own. i am marina is closely following talks about a new america, so a trait hoping it will increase sales to the european union. your scale in europe is a large market. currently the 2nd largest destination for presuming beef experts show the least belief and told them that it will continue to grow with this agreement. that is finally expected to happen. if we hope that you are a pain market will open up for presenting bathroom at god. it will bill kindly, but affiliate brazil, as one of the girls largest casual populations with around 224000000 any most. it's also nita in beef export producers here say the beef is better than what is produced in europe. because the animals can be on pest chat,

all yellow things to the my temperatures, the you and may, i, christmas dates agree to trade to them principal in 2019. but nothing has moved since then. no spain currently at the rotating home of the you council hopes to get the due by the end of the year. at the casual marketing, the bedroom city of c name traders are unhappy about the prospect of more or less in american beef import. even if quote us would still apply the sick assume that both bruce, the problem is if we are moving into our market, sometimes a very negative effect on the price. i could use this or c p, use very to about the future of 1000 catch of farming if the deal comes on his farm in the countryside casa breach, budge and blue kettle, and his around 200 and the most. he says, brazilian need might be good, but they have flow of production standards filled. what if they have to move the

amazon rain forest to mature some beach extended you have the same and this makes that green past due to denton timothy. it makes no sense at all the damage done to rosie as rain forest by cattle. farming has long been criticized by amber men to list the eu has included in the environmental clause, and it's planned for trade deal. this may occur. sure, but crucial americans will countries such as browser you have already rejected it. process one of those leaders from both blocks from monday as they were up to what's finalizing video series. he'd weighs have been hitting parts of europe, the united states and asia in recent days. and while some are only now experiencing the difficulties to adjust, soaring summer temperatures have to come a regular and iraq infecting particularly heart. those who rely on nature to help their business. the sun burns mercilessly these days all over the world, whether it is in europe, the us or asia. here in tokyo, for example,

people are groaning under extremely high temperatures. the authorities have issued heat warnings, the temperatures can be life threatening. those were out and about trying to protect themselves. the heat is oppressive here in iraq. if that was 50 degrees celsius in july time and again, for the 4th year in a row, a drought, the says consequences not just for the vegetation but also for the bees. yeah, and you know, these are affected by high temperatures because the queen completely stops giving birth. also, if the bees are outside and a dust storm comes, half of the bees do not return equal to their height. or the loss of that i'll be in less than 10 minutes outside of my honey making as an ancient tradition here in central iraq. however, heat and drought are putting economic pressure on the beekeepers plans. in the early 2, thousands, one hive could produce up to 20 or 25 kilograms of honey per year. now the quantity

has dropped to just 5 kilogram on speaker. elio complains as deputy head of the local beekeepers association. he's also worried about stocks a key let me know who would certainly because the bees have a direct association with plans. if there's no vegetation cover, which is something basic, these are forced to go greater distance is a lot of this affects their lives span because they have to struggle with that. yes, the lesser honey and bees, the di, earlier, the prospect of being a beekeeper aren't as good here. according to the u. n. iraq is one of the countries in the world most impacted by climate change. and that wraps up our show for now. for more check out our website at www. dot. com slash visits. of course, coburn roland, thanks for watching. have a successful the

returning looted ups is a moral obligation for gemini. this key. the former colonial power wants to make amends, especially for its crimes in africa, but repatriation brings about its own new privilege. returning looted restitution in the crust has of world politics close on the next and dw. * the shadows, so he does going green kobolds premises, clean mobility, but mining is done. see this critical rule material is used in factories for electric car mines mainly in the can go under terrible in humane conditions. both rush and look into the of is the

45 minutes on d w. we are all set and we're watching closely. we all seem to bring you the story behind the news. we roll about unbiased information. all 3 months. done, the artifacts looted under colonial rule are increasingly being returned to the original owners. in 2022 germany began we patch creating the same as spinning bronzes to nigeria. today this is the earlier i came from cameron came to building requesting the return of these peoples mother, goddess.