comes together a piece, but i do need to be a tough loans. we're all on a level playing field to meet and provides. ation happens in the here and now we're all experiencing something new together and be able to use a type of noise in the evening. it's time for an excursion in broadcast filled with memories of the day a after. so break my colleague rob watts is up. next we see the, the business, the version now understand can have a site like the right to present data used on instagram and follow up with the avalanche charmaya. welcome to my pod cast. last the matter is that i invite celebrities,

influenza and experts to talk about all plain loves, thanks and data. and yet today, nothing less. the 1000, all these things and more and the new season of the fuck. com. make sure to tune in wherever you get your costs and join the conversation because you know, it's last matter. the b u set fits sites on china's cup. price call make us commission president to a sort of fund a lie and has amounts and investigation into whether paging is i'm sally, subsidizing its electric car industry through china's economic problems make it more or less likely to invade tie want. we'll look at the concept victory claims. us the state of your business on robots in berlin. welcome to the d. u has

announced an investigation into chinese electric comedy cuz brussels suspects state health from badging is giving them an unfair advantage in the market. speaking during a state of the union address, here is your paying commission president west of the front line, the global markets, and also a lot. it was cheaper chinese electric cars. and the price is kept artificially low by huge states subsidies. this is distorting our market and as we do not accept this distortion from the inside in our market, we do not accept this from the outside. but we can now speak to greg ow sebastien from the maqueta institute for china. so these, thanks a lot of being with us, greg or people in your might have noticed the arrival of chinese electric vehicles on the streets here, but what sort of impact? so they having on the com. ok it they having a increasing rapid entry into the market and i think that's really going to shake

up competition last week on the buy a you could see that many chinese comic is the likes of be worthy. but also companies like psych on the, the, the new market and then the models for the market. and i think this is really wakeup call. this competition is not only eating up in china, also markets, but it's also hits in europe in combat because at the home to yeah, cuz come making is obviously a very big business here in your, of what the source of support is. he, you alleging that chinese electric comic is have been guessing from badging or so the you is now proposing to investigates, that'd be exec distortions. that could be in fact in your be marketing. what is quite likely to be found is that chinese produces what china based companies, because we shouldn't forget that there's also phone companies like tesla or being w producing in china for the export,

including to euro that they have benefited from below market financing, for instance, that they have received loans from china state on the banks that they wouldn't get on know a lot of conditions, but it also includes other support practice like a free or extremely cheap land um, what support when it comes to innovation activities. and finally, tying, that has taken protective measures to also shield its own by credit card companies . lexia tail will be what the, the jaime impactful in the 2nd to from phone competition. and all that is going to be investigate into costs by you commission. and it's obviously helpful for a chinese comic is that they can sell that cost for cheaper than then your, if he's been in the document, the china is just doing a better job of nurturing it's electric cost back there. cuz it seems to be just a step ahead of your comment because on this to i think it's the both you are you completely right. so i just call mike as it's streaming, you know, but if,

and i think that was a really hit the nail on the head when it comes to the finding a and, and then targeting the tastes of consumers in china, especially i think what you can call make is have, for some time the next it is is to really tailor the call to the local, tight strike. you don't necessarily need to call that is super powerful. what time is consumers are looking for these digital features and also cheaper prices. then you're getting companies off offering. and increasingly, i think the chinese companies like the what the confidence that they can not only hit the consumer taste in the whole market, but they will also find success and overseas markets, including in europe, goes to best in front of the k to institute for china. studies that so you know, so another key chinese sector because real estate was a driving force behind this economy for many years. but now it's in deep crisis, develop a debt on

a backlog of unfinished buildings. i've left many chinese homebuyers. i've seen the cold here in lou han and central china. we can only film with our mobile phones, uniformed in plain clothes, police are monitoring a demonstration. the people here are demanding that their apartments, which they've paid ailing real estate, china ever grand to build. finally, be completed. the local government is supposed to help, but they are short on funds to. on the outskirts we made a homebuyer who is afraid of losing his money. he doesn't want to be identified due to pressure the police have already put on many of the demonstrators. a woman similar to some of our goal is to the government to assure us of completion and actually carried out without empty promises. the government has repeatedly said that the construction will be completed, but it seems to be an empty promise. we're looking for the promised apartment.

it should have been ready for occupancy months ago. every brand was a symbol of the chinese growth model. keep building, keep driving up g d p. this mindset has led to an unprecedented construction boom. accounting for 30 percent of china is economic output. so far. the local governments have profited from land sales for decades. apartments of speculative objects, but the boom times are over for now. ever grant and other real estate companies are heavily in debt with hundreds of billions of euro. that's dangerous for the entire economy. testers, michael pettis has taken university, explains a risky financing model that now appears to be coming to an end basically by forcing you to pay 2 years before the apartment is ready. they're borrowing from you and you in turn borrow it from the bank. and again, as long as prices keep going up, that system works, it's not a problem. but once the price is stopped going up and developers started to run

into trouble. they learned that the longer they stretched out the building of the apartment, the more they could get this free, this free borrowing. the real estate crisis is a major problem for the chinese economy and a deeper economic crisis now looms. every 5th, young person cannot find a job. consumption is weak. exports have collapsed. the previously, rapid growth was heavily based on investments and real estate infrastructure, bridges, highways, new trains, stations. it helped lift 800000000 people out of extreme poverty over the past 40 years. but the investment driven growth model no longer works, somebody within the, within the economy households, the rich businesses, local governments, central government, somebody has to take a big loss. and that's a very political process. and of course it's also very painful. you should see the government's response on state television. there is no crisis, everything points,

upward, growth and income in the ever ground new city project, families are still waiting to move in. after the demonstration. they've been given new move in dates for these buildings. the end of 2024, but nobody here really believes that. so here's the question to china's economic lawyers make it a more likely that the country could invade. ty one or mike gallagher, the republican chair of the us congressional committee on china says yes, he said that as trying to confront serious economic and demographic issues, she didn't think it could get more risk accepting and could get less predictable and do something very stupid. he says he disagrees with president joe biden, who says china's economic downs and makes an invasion less likely in recent years, trying his ministry has stepped up its activity around the taiwan, which paging claims at the same time. let's get to the bottom of this with

correspondence in taipei, you generally you chance. i mean, why would an economically weakened china be more likely to engage taiwan? if that is the case swell? my name elisa wages or what can be attractive or countries like china to distract their people from domestic problems as a series of reasons, a high show that china's economic re found after reopening is weaker and lower than expected. so ex, thursday, china can become more aggressive in telling went to a political attentions by highlighting the threats from the west or the importance of unifying. ty, one as an aquatic island, china claim, as its own staging, may be able to distract the pop legs from is frequent high use unemployment rate and look worse than the property market slot. and a country's economic growth is highly related to is military power. some alice also

predicts that the invasion could potentially happen with seeing a decade as agents military capability will be as high as in the near term. while it's economy may reach is peak and start to decline gradually. so, you know, off this as some of the leads may prove to the chinese leadership as good timing to attack type one. okay, so that's the, i'll give them full of what about the arguments against was the argument in favor of the idea of it's actually a weak in china economically, you know, is, is less likely to, to launch an attack on tele yeah, so some people in food in the us, preston job, i those said it shouldn't be the other way around. they claim the chinese leadership can be busy dealing with is because nomics challenges and may not have the same capacity that he had before to to start an attack. and some also say chinese preston shooting, he is learning from the ukraine. walsh i will and knew was it attacked by one,

there will be massive. same could sanctions from the west. and so there heard is economy. but when it comes to such arguments, china of course dismissed the western comments on this comic fountain. as foreign ministry said yesterday, quote, what has collapsed is such bethel rig not china's economy. and they also stressed out a prospect of ethics on the growth payments on change in the router. you can lee and type pay for is that now let's take a look at some of the other global business stories that in making induce parental authority is have audit apple to wholesalers of the iphone 12 after test. so it is emitted to much radiation absorbed by the body, but apple says the phone has been certified by multiple international bodies as compliant. and global radiation stand. agent am, is planning on selling secondhand clothes. the thing is flagship store in london

and move that reflects the pressure on fast fashion companies to cook. their environmental impact is comes ahead of plant a regulations to crack down on tech styles, waste a problem. these ways retailer admits that it's possible the not just the full week are they have a don't just see to see these nuns and hikers and germans are known to controversially with them occasionally with white socks. now the was best known ascend to make a it's taking steps to mock the 250 years business by selling back and stocks half the time and company it has filed for an initial public offering in the us that we value it at more than $8000000000.00, that is no mean feat for a company that only becomes selling there in 1966 after wanting to discover them on vacation, beginning pushing them just in time. so they have to move. so from the end of business team here in balance, and we'll have to d, w dot com slash business until next time

and says the conflict. so i worry about the will of a west to continue to do what needs to be done. strong was so my guess is wait today says former deputy supreme commander in europe. richard. sure there's a lingering field, but somehow we can go back to some sort of spaces, clarifying to russia that is not going to happen. the same thing happens. conflict next, on dw. so beyond china's favorites, probably knowing your billions and loan infrastructure investments, serbia, is the branch had for china's new silk, loud critics or warning of too much dependence and control. china's influence in 45 minutes on

d w. right? we say there about never giving up every weekend on d w i worry about the will of a west to continue to do what needs to be done. strong words from my desk this week data is full, the deputy supreme commander of europe. so richard sheriff, there is still in your, among european countries a lingering feel that somehow we can go back to some sort of states as cro and to with russia. that is not going to happen. so what does he think will happen? so the alarming prospect soon focus is allowed wake up go to europe and america.