tv Business - News Deutsche Welle August 30, 2023 4:15pm-4:31pm CEST
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the launch time down to the park of the with las strada ukraine. thank you very much for your time. thank you. and that's it from me and those team of fun all don't go way up next period who us loans of, of worst. and they can business climate in china, rob was, has all the details under the business system for short term county office expo. the have to say to us the that's why listen to their stories. the reporter, every weekend on d. w, the interest, the global economy report folio g w business
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b a. here's a closer look at the project. to analyze the flight for market dominance, get a step with dw business beyond the has china become an investable? that's how american businesses are describing here. it's according to commerce. secretary gina raymundo will look into the claim making classrooms guns say, hey, how schools in the us spending tens of thousands of dollars on public proof. this is basically a business on robots invalid, and welcome to the program, the us, thomas thomas, the secretary as well. and that some of us businesses now view china as an
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investable gina raimondo was speaking during a visit to beijing and asking for anything strange, really ations between the 2 biggest economies. she says us firms might cease operating and china without prompt action to improve the business environment. 2 countries are engaged in a trade dispute, this seeing that impose restrictions on each of his exports as well. let's get more on this from correspondent and ty, pates of some hon. i asked him why us businesses might now consider china investable. that is mainly because it has become highly risky for the u. s. companies to invest in china, especially after basing revised a lot earlier this year to counter spite activities. a many for and business now afraid of being targeted by the chinese government says updated definition of espionage is very vague. and also basically recently rated several consultants. the companies from the us detaining local staff,
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any imposing heavy fines. this pump for income companies to we consider whether it is wise position to do business in china. but the chinese embassy in washington has the bunk to the remark saying that most us firms in china wanted to stay in beijing was working on the further east market access to foreign companies. right. so it is problem specific to american companies or companies all over the world particular, especially in europe, also finding investments in china difficult now as well. it's definitely a common problem faced by western companies and those consider one of the u. s. allies. for example, if we look at asia, if not non western japanese firms have also um, already express fears about continuing their business in china with at least 17 national was being detained under china as anti s banassi law. since 2014 and the list to say the u. s. one of the china speak is sources of a for investment is also found in the alarm. is invested or to china has committed
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on badges, reason cracked down on foreign consultancies and declared that it was not good news . so it becomes more and more common for companies in different countries to express the same uh, same, same situations. so it's an hon and type pay for is that well, during a chinese visit secretary right monday is also insisted that the us does not want to be couple itself from china. i've been speaking to both. i had signed her on the list phrase a highway. i asked him if you can take that claim at face value. so yeah, of course economy, you know, china is the world's 2nd largest economy. it's a huge part of global trade. it's an ideal. the coupling means a complete split where that is simply no interaction. i'll us off, i assure each north korea, but not clearly isn't going to happen. america does realizing certainly the, the, the divide into ministration realizes but you need to be engaged with china on a whole host of issues. the trade isn't going to stop. but simply that trade is made, it's not simply going to be an open door and that china can you just come along,
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ignore either vo provision or just basically take a whole list of, you know, the technologies, which is funneling into its military system. so basically, threats of the us and trade in the us allies in the area. so from that perspective, it isn't business as usual, but it hasn't our businesses, it's been in the past. but the idea that the coupling needs a complete break with china and no engagement was always nonsense, scope and was always presented in an extreme this year. simply to solve a to try and do nothing about china, french with us and made it quite clear and present. biden's made it quite clear that it sees toners a capacitor and it wants to compete with china. but by doing that, so it gives the us of, you know, actively trying to hold the chinese economy back now, is that a fact? right? uh well, just not really remember china or the americans have bought the trillions of dollars worth of goods from china over the decades invested vast amounts of money
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and china. so that's a really strange way to be holding china back. this is our base, the rate calling we think from the chinese communist party saying that they're being encircled, they're being held back. it's all life is unfair. and yet, it appears to look at their own actions, which have been very detrimental to bilateral relations with america and with other trading partners. and they've certainly made far, no, so target off a lot of their major. so it's not necessarily fair that's all as well. next, in this relationship between the us and china, because china clearly has its own economic problems. back home, you've talked about how the us did, you know, is not looking to be careful from china and tiny, but relation still remain strain. so why should we be seeing this relationship go in the coming is, are they gonna get closer together? they're gonna repair these regulations now, or are they going to deteriorate that?
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um, well i think it's going to remain very straight. it's as simple as that. it's going to remain very straight because you just pick has made no secret about his trying a girl who's trying to dream this rejuvenation of the chinese nation, which requires a very high degree of self sufficiency. he has made no, no role back. it's all about, you know, i'm using for us to take over taiwan and, you know, gcs these as great goals of his presidency. honest as a leadership is general sector of the communist party. so from that perspective, china isn't really changing, i'm, i'm those, both of those policies are very much cartridge, where the us would want to see a specific treatment developer as do many of its allies. so things will continue to the main screen. i think the we had got used to, you know, the past 2 or 3 days, it's all going trade relationships, growing investment and both ways growing biological investment. and that's simply not going to continue. it's going to be a strange relationship,
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much more focus on the way that high tech products are going to be allowed, much greater suspicion on both parts on both parties. and that's going to be a much harder relationship to, to manage. but i think it's almost the natural light come off ultimately to systems which are frankly, at loggerheads kind of for as a how is always interesting to get you into insights. thank you so much for joining us on the, to the business. now let's take a look at some of the other global business stories making. the news is saying in china as china is economic, great stuff is always the calling on banks. the desktop, lending to private companies to central bank hotel lenders to set annual targets for loans. to private firms as lend more to 1st time borrowers bank loans to the private sector tumblewood in july, despite a cut and interest rates. germany inflation tips slightly in august to 6 point one percent, but it is still 3 times 5 and the target set by the european central bank. the
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figure was slightly higher than some of this has been expecting. well, energy prices have dropped the cost of food services still high new car sales in the european union rose during july, but at a slower rates dining the 1st half of the sales was 17 percent higher during the period of january to june. big windows with vehicle electric vehicles, registrations of those roads, nearly 61 percent. now it's back to school for many millions of students around the world. and while in some schools, the debate might be about whether to get laptops for the classroom or whether it's a high, a new teachers. one company in the united states has developed a classroom innovation that it says can save lives, a bullet proof volt. so here in this primary school classroom, these seem like 2 big white boards, perfect for writing down homework assignments or explaining math problems. but in
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just 10 seconds, these walls, when hundreds of kilograms can be pulled out to form a bullet proof bunker to protect students from active shooters inside their schools . it stops the a k $47.00 rounds and it stops about 99 percent of the tools that we sell. united states to this model costs $51000.00. and while school shootings are rare in nearly every country in the world, in the u. s. school security is big business. one estimate shows that the market could grow to $8850000000.00 by 2030 lead, not surprisingly by the north american market. that's because as the frequency and deadliness of attacks at schools has increased in recent years. so have parents and teachers concerns about safety and they're willing to spend big on protection
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and makes the day go by easier. um, you know, i know i can go to work. i can drop my kids off and know that they're safe at school. couldn't imagine being one of those parents that don't kids come homeless for kids. so despite contentious debates about gun control across the us, politicians have not been able to pass legislation that reduces gun violence. targeted american schools, since no solutions are on the horizon. the bunkers and vendor hopes to give students a chance of survival time of need. it can be deployed and don't know how we got off track, but we did as a unit as a country and, and, and i feel like it took us a while to get to this point is going to take us a while to undo it. but in the interim, our kids still need the protection to mexico now and efforts to maintain a dying out form the countries stone. com is applied the chiseling trade for centuries, but the print head for is
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a shortage of positive ends. mean the scale risk being last time it was in town for most people are catholic, a sunday is a day of rest, but not for stone carvers and shut track. uh, and she might walk on who conductor work on the day of the sabbath using hammers and chisels. they make sculptures to decorate the local cemetery church and park is the cuz the pontoons as a the work in the country on a dont on sundays by all the converts. so the guild, good, i mean we are a 150 artisans and we do most of all work on sundays. things are creating and fixing all the sculptures here. no, that's good for us. cuz sunday, and the frontier this don't like cars is difficult to work with students, forrest quality, and it has to be trucked in from other states. since the local source of query stone has run out. the number of carvers has also dwindled from 600 a decade ago to half of that today. but they oppose the tradition and their
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profession will survive the as a notice that the, i think that the work and the quarry is never going to end up there. that does many people like these sculptures like that, that it's never going away. there's very little of work here, but it's there. i won't get the traditional our kids know, work carving out of place in the modern world. it's amazing while they can do isn't it? that's all from me, the business name for this time. but if you want a bit more from us, you can always head over to d, w dot com slash business, or you can check out the data when use youtube channel thinking about business content on that, as well as you can join a page on facebook if you like it's the, the, the way you don't business. i got it. perfect. thank you very much for joining us until next time. good
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and governments that go crazy for your data. explain how these technologies work. they can that's how they can also watch it. now the the per of the engine will one day be a relic of the past. the car world is going electric and it's going high tech. you see right now in the streets as well as the big aldo shows, which feature the latest and greatest and future mobility. because right now it's the entire world of transport, this transforming electric cars, electric bikes, self driving, taxis even flying, taxis.
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