starts with simple steps and then slowly it comes to gus a piece, but i do need to be a tough own girl on a level playing field is that to me and provides ation. happens in here, right now. we're all experiencing something new to desa enables you to type out the noise in the evening. it's time for an excursion in broadcast, filled with memories of the day and with that you're up to date like so i'm not sure what she dw, the offline rivers created by a voice, a full crying voice of policy goes into the b trees,

spacing goes up to $1000.00 leases of low, so in a day or forest fires, evaporation, large amounts of moist tune in to get the onset and learn more about the heavy and visible over the flows through the sky. start september 20th on the w. the b use set fits sites on china's cups. price call make us commission president to us to the fund the lines as amounts and investigation into whether paging is i'm fairly, subsidizing its electric car industry. do china's economic problems make it more or less likely to is a tie? one will look at comes that victory claims the us state of the business on robots, 10 bell, and welcome 1st c. u has announced an investigation into chinese electric comedy

cuz brussel suspects state health from badging is giving them an unfair advantage in the market. speaking during a stage of the union address is europe and commission president west of the front line global markets on no flood. 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 mccain to institute the china. so these, thanks a lot of being with us, greco people in your might have noticed the arrival of chinese electric vehicles on the street. save it. what's, what are the impacts? are they having on the com? ok it they're 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 the warranty, but also a companies like psych all 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 uh, what sort of support is he you alleging that chinese electric comic is have been guessing from badging. so the us now proposing to investigate that, the exec distortions that could be impacting the marketing. what is quite likely to be found is that a chinese produces what china based companies, because we shouldn't forget that there's also phone companies like tesla or w producing in showing up for the export, including to europe,

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 allows for support when it comes to innovation activities . and finally, time that has taken protective measures to also shield its own by credit card companies, lexia to will be by the, the jaime impactful in the 2nd to, from phone competition. and all that is going to be investigated into costs by the u cushion. and it's obviously helpful for a chinese comic is that they can sell that costs the chief of and then your things within that is never an argument that china is just don't invest a job in nurturing it's electric cost sector because it seems to be just a step ahead of your comic is on this or i think it's the both you are you completely right. so i just call mike as its free me, 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 told me, i guess for some time the next it is is to really tailor the call to the local, tight stripe. you don't necessarily need a call that is super powerful. what time is consumers are looking for these digital features and also cheaper prices. then you're getting companies on offering. and increasingly, i think the chinese companies might be worthy of confidence, that they can not only hit the consumer taste in the 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 and

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 grant 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 was 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 set 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 yours, that's dangerous for the entire economy. testers, michael pettus, of picking 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 the 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. to 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 down to and makes an invasion less likely. in recent years, china is 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, why would an economically weakened china be more likely to engage taiwan? if that is the case as well. my name elisa, way to what can be attractive or countries like china to distract their people from domestic problems as a series of reasons they have show that china's economic re found after reopening is weaker and lower the expect to some experts. a china can become more aggressive and dealing with your political attentions, by highlighting the threats from the west or the importance of unifying ty, one as an acrostic, 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 me 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 high one.

there will be massive san 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 climate. scientists, as foreign ministry said yesterday, quote, swap has collapsed as such, bethel rig, not china's economy. and they also stressed out a prospect of is expanded. pro stream is 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's in making induce parental authority is have audit apple to wholesalers of the iphone twelveth to 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 hey, to them 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 track down on tax dollars waste a problem. these ways retailer admits that his pulse of the not just the whole week are they the don't to status hippies, nuns, and hike as them germans are known to come traditionally with them occasionally with white socks. now the was best known, central america is taking steps to mock 250 years business by selling buck and stocks out there that you haven't company it has filed for an initial public offering in the us. that without you would have more than $8000000000.00. that is no mean feat for a company that only began selling there in 1966 after want to discover them on vacation. i'm beginning pushing them just in time. so the, if you move muscle from in the business team here in balance, and we'll have to p w dot com slash business to the next time the

using the ocean as a giant battery and the deepest rocks on her as a he saw exploring new frontiers of clean energy finding out what works and what doesn't. yet, testing new technologies in germany, looking for break through, made into next on dw, easily and from here. now direct navy is on the boat and lines has all but disappeared on to which people seem to hear it is reinstating its board is what will that mean for genes? focus on human beings. 60 minutes on d,

w. well then progress pop calls to everyone who wants to know more about this topic, 2nd son of or this office stories the on the head line world in progress. the w postcard, the maybe you're familiar with the saying necessity is the mother of all invention around the world right now. but the subsidy is quite high as countries by climate change. and the inventions coming take, for example, geothermal heat. iceland has been relying on it for you.