tv Business - News Deutsche Welle August 30, 2023 6:45pm-7:01pm CEST
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c, u. s. commerce, commerce and 2nd straight has warranted that some of us businesses now view china as an investable gina raimondo was speaking during a visit to bait jane aimed at increasing strange relations between the world's 2 biggest economy. 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 employees restrictions on each of us exports as well. let's get more on this from correspondence 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 i'm afraid of being targeted by the chinese government says updated definition of espionage is very vague. and also basically recently
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rated several consultancy companies from the us, detaining local staffing and imposing heavy 5. this pump for income companies to be considered whether it is a wise decision 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 is this problem specific to american companies or companies, or i have that one particular aspect to in your boss or finding investments in china difficult now. so 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. but at least 17 national was being detained under china as anti s banassi law. since 2014 and the list to say that you, as one of the china speak is sources of the for investment is also sounding. the
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alarm is the best. what are to china has committed on visions, reason cracked down on for in 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 about doing a chinese visit secretary raimondo is also his sister that the us does not want to be couple itself from china. i've been speaking to both a, had signed her on the list phrase a highway. i asked him if you can take that claim at face value. well, no golf course economy, you know, china is the world's 2nd largest economy. it's a huge part of global trade. it's an idea of the coupling means a complete split where that is simply no interaction. i'll also find a huge 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
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made. it's not simply going to be an open door. and the china can you just come along, ignore either w to your provision, or just basically take a whole list of, you know, the technologies which is funneling into its military system. so basically threats in the us and created the us allies in the area. so from that perspective, it isn't business as usual, but it hasn't 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, is your to simply to solve a trying to do nothing about china friends with us and made it quite clear and present buttons made it quite clear that it sees toners, a compasses or any wants to compete with china with aging. is that so it gives the us of, you know, actively trying to hold the chinese economy back. now? is that a factor right? uh well, not really remember china or the americans have bought the trillions of dollars
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worth of goods from china over the decades invested vast amounts of money and china . so it's a really strange way to be holding china back. this is our base. all right, common boys, things from the chinese communist party saying that they're being encircled, they're being held back. it's all life is unfair. and yet they refuse to look at their own actions which are being very detrimental to biological re, since with america and with other trading partners. and they've certainly made far knows the target off a lot of their major. so it's not necessarily failed at all. so what next, in this relationship between us and china, because china clearly has its own economic problems, back home, you've talks about how the us is, you know, is not looking to be careful from china entirely, but relation still remains strain. so why should we be seeing this relationship go in the coming years? is, are they gonna get closer together? they're gonna repair these revelations now,
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or are they getting deteriorate for us as i'm well, i think it's going to remain very straight. it's as simple as that, it's going to remain very straight because he didn't bring, 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. and he has made no no roll back. it's all about, you know, i was using force to take over taiwan. and, you know, he sees these as great goals of his presidency. artist as a leadership is general, take care of the communist party. so from that perspective, china isn't really changing, um, and those both of those policies are very much kind to, to where the us would want to see a specific treatment about 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 decades of growing trade relationships, growing investment and both ways growing biological investment. and that's simply
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not going to continue. it's going to be a strange relationship, 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 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 on insights. thank you so much for joining us on the, to the business or and i'll just 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 to step up. lending to private companies on a central bank hotel lenders to set on your targets for loans. private firms, i lend more to 1st time borrowers bank loans to the private sector. it tumbled in july despite the cuts and interest rates. to have an inflation dipped slightly in
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august to 6 point one percent, but it is still 3 times 5 and the target set by the european central bank. the figure was slightly higher than some of this has been expecting. well, energy prices have dropped the cost of food and services. a 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 when is where the vehicle electric vehicle was, registrations of those rows 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, bulletproofing volt. here in this primary school classroom,
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these seem like 2 big white boards, perfect for writing down homework assignments or explaining math problems. but in just 10 seconds, these walls, when hundreds of kilograms can be pulled out to form a bullet proof bunker to protect it, protects 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 a there. um, you know, i know i can go to work. i can drop my kids off and know that they're safe at school. i couldn't imagine being one of those parents said don't kids come home, it's 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 for the countries. stone. call it as
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a flight. the chiseling trade for centuries. but the place at 4 is a shortage of positive ends. mean the scale risk being lost to time. it was in town for most people are catholic, a sunday is a day of rest, but not for stone carvers and shut shack. uh, and she bought a 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 because the pontoons as a the work in the town see on a don on sundays by all the converts. so the guilt, then you're going to new. 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 because 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
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a decade ago to half of that today. but they oppose the tradition and their profession will survive be as a backup. i the, i think that the work and the corey is never going to end up after 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 their fault get the traditional art has no 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 selection will 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. got it. perfect. thank you very much for joining us. so i'm next time goodbye. the,
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youtube. d. w documentary. the, this is the, the news live from ballot. be on the stage as a cool and god ball in central africa. the else of president appeals for help. bob crowd celebrate us the military to pose as the leader, whose family have been in possible more than half a century. also on the program, ukrainian drones strikes deep inside russian territory. moscow says it was one of the biggest waves of attacks.
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