you have evidence to prove you're wrong. if they do, you have evidence they haven't shared with us. that was new york times reporter john is may and you are wanting do the we news line from berlin. stay with us because chris kolber will be here with data with your business after a short break to tell you how the climate change is threatening rice cultivation in thailand. thank you so much for your company, the enjoying the views and come to take a look at this. out to the highlights. every week. email inbox, subscribe. now. the one of mankind's oldest ambitions could be within reach. what is it really is possible to reverse the researches and scientists all over the world

for in a race against time? they are peers and rivals with one daring goals to help smart nature. the boy likes watching it on youtube dw documentary the it intensified the risks is, was developing ages facing from china troubles property sector. that's according to the asian development bank, as trims regional growth expectations. really a more from the lenders, chief economist also coming up will take you to thailand. we're climate change is putting age old cultivation methods of rice growing in jeopardy. i'm 1st cobra. welcome to the program. china as property crisis could spill over to other asian

countries. and hold back regional growth according to the asian development back. it says a face, a significant headwinds. if the chinese property market deteriorates further, and the regional growth will be boiled by south asia, largely things to a strong public investment climate india, the abs $22020.00 is the growth forecast by 0 point one percent to 4.7 percent and it has maintained its growth outlook for next year at 4.8 percent stores and returns to free pandemic levels in many asian countries. earlier i asked the asian development banks, chief economist of a park, how much danger and babbled the chinese real estate companies like ever grand or country garden. we're posing. one of the concerns is that because a lot of households wealth is in the form of housing, we're starting to see price is actually fall into your to and tier 3 cities. and

that could make people make consumers feel less wealthy and could then start to affect their consumption. and so this is why it's a concern. the chinese government is trying to avoid rescuing the property sector by injecting lots of equity as it has done earlier in earlier periods because they realize that they need to get to a more stable kind of healthy or property sector development path. but that's going to be kind of a tight rope to manage. and so we're seeing them struggle to do that. more recently though, they seem to be realizing they need to be a bit more aggressive in providing some new measures to stimulate demand and to support developers. so i think we'll see some response to that and hopefully they'll be able to manage kind of a soft landing in the sector and return to more modest contributions of the property sector to growth. going forward. albert,

80 klein and private consumption and private investment due to wells and confidence effects of stemming from the problems on the housing market. aren't we right in the middle of that scenario as well? actually, if you look at the data on consumption and incomes in china, they were pretty robust in the 1st half of the year. but of course, china is also been struggling with the diminished external demand for its exports, which is really led to a struggle in the manufacturing good sector. we're also seeing some cyclical downturn, signals high youth unemployment, for instance, reduced imports, which suggests that, you know, demand has kind of shifted more to service, is post pandemic, which is kind of a normal pattern. but it means that if china is importing less goods and in particular in electronics and manufacturing in machinery, we're seeing that happen. that hurts other countries in the region also because

especially the high tech ex borders like korea type paid china, singapore are exploiting a lot of electronics and machinery to china. and so it's contributing to the slow down in those economies as well. let's talk about that here. for, for a 2nd, i mean the asian development bank of servicing more than 40 countries in the region . so which ones would be most impacted? should things on the chinese housing market? go down, go down hill further. when you kind of do a study of what happens if there is continued decline in real estate investment, if you look at what sectors are affected by that slow down in property development, obviously the construction sector is going to be important. some financial service sectors, some other manufacturing sectors that produce inputs that go into housing construction and refurbishment. and it turns out that the countries that are most effector of

those that are exporting minerals and raw materials to china that are used in the construction sector or in the materials that go into construction. so mongolia, for instance, which exports a lot of coal, some iron as well to china. they actually, that country economy would be relatively more affected, taipei, china, also a relatively more effective, but the effects are not huge. and overall, when we run this analysis through all of the supply chain linkages in which country is uh, the goods are coming from. we find that, you know, a modest downturn in the real estate investment doesn't have a huge effect on growth in the rest of the reason through that channel, i think the channel that is more considering is if a, a significant decline, the real estate sector leads to kind of a much broader loss and confidence by consumers by investors. and those could have

a broader effects that was our park chief economist or the asian development bank. and you can watch the entire interview on the dw, use youtube channel. now state and the region u. s. companies are less optimistic about their outlook operating and china does, according to a survey by the american chamber of commerce and shanghai. the pol showed a continued downgrading of china's importance as an overseas destination for investment. even though 2 thirds of the $325.00 companies responding said they have no immediate plans to change their china strategy. so it's on hand in taipei can tell us more. so why is us confidence in doing business in china falling for your fact at the beginning of this year, the us was optimistic about doing business in china active age into various measures to lift the coffee 19 restrictions. however,

the reason economic data release have made them very on easy, the only did china's economy not rebound, as expected, of the 3 local motives of import and export. consumption and investment are all week. so with the lowest use unemployment rate and the cover up afterwards, and china as well as states giants and financial crisis, china speaks nomic. outlook is simply just not good. and us businesses are facing more uncertainty at the same time cations between china and the us are running higher and higher. it's only natural that there is telling the effect in the us a confidence in doing business in china is falling. as this having any real world consequences, i mean, is there less investment? are companies relocating as yes of course all the slow down in china is economic growth. that regulatory uncertainty intentions with all the countries i've left to a sharp decline in for investment in flows into china. and the last 2 quarters, the total for indirect investment of china was at its lowest level with global

investors interest in china cooling and supply chains. continuing to ship south east asian comp, countries, economies are expected to overtake china in total foreign direct investment next year and regionalization will continue to be a trend in politics and policy making that just stop for an investment to india will also extend unsteadily over the next 5 years, so it's having some real world consequences, dw correspondents, thoughts on hand and ty paid. so thank you. and now to some of the other global business stories making use. last month, china exported no germanium or gallium products, which are essential for semiconductor production by g announced that would impose exports or sections and july over at straight dispute with united states. under the new rules, chinese exporters after medium and dallying products, the to obtain a special license from the authorities. auto sales in europe are up to 21 percent

in august marketing, more than a year of study monthly improvement. the biggest growth sector is electric vehicles where a sales have doubled year on year. many of these, however, have been sold by chinese automakers like b, y, d and have likely benefited from but the u commission calls illegal subsidies. you can frazier and unexpectedly fell to the lowest level and 18 months. consumer prices were up 6.7 percent of august compared to 6.8 percent and previous months. that res prospect so that the bank of england paused hiking interest rates just meeting on thursday this time now which is rank 9th in the global climate risk index. 2021, a nation's most affected by extreme weather events in china match province. the over exploitation of groundwater, coupled with climate change,

has put age old cultivation methods of growing rice and risk green fields. i would rise from a board with home john would normally 3 months old. this is the wrong shade of green. we have overgrown the rise funds in this field in china proven in central time. so sometimes yeah, like i said, we have facing is serious drought now even if we use herbicides to control the wheat growth to allow the rise to absolve water from the soil, it doesn't work out. there's just not enough water company. medina, the problem is so serious that the tide government has advised farmers to switch to other crops that use less water. if they haven't started sewing water levels in thailand's major rest of us are historically low. according to the time metro logic themselves, rainfall has remained below ever rich this year. and it's down 25 percent

nationwide. officially thailand entered the rainy season at the end of may. but because of a menu, many provinces are still facing drought. at the national center for genetic engineering and biotechnology, just outside bangkok, scientists are looking for a long term solution to the problem rights varieties that can color rates drought of being brought to you. we need to find a new variety of fries dealing with trouts. and nowadays got the problem is becoming intermittent in the past. you will know when drought to come say for example, at the later part of the plan stage. but this time it's not like that. so the team needs to create a planned that can handle drought. both during the growth phase and the representative stage. to do it as the scientists are using traditional cross breeding techniques rather than genetic modification. however,

so called dna markers, are used to monitor and thereby speed up the process. farmer, i'm john, is also involved in the research. every kilogram of petty rice grove requires an average of 2500 liters of water. as in his test fields, this mazda is currently pumped electronically from a rest avoid quite a hit. everyone is depressed because today has no rain one time the canals. we don't know how much we can have is if the government's announcement becomes a reality, you at rice cultivation may no longer be possible due to a new. it would be a big blow for us, but the father of 2 does not want to give up. he and his wife have relied on rice for over 30 years. the tide supply on the world market has now driven off the price from which he hopes to profit after the harvest. and that is our show. thanks for watching

this utopia has a long way to go. near vienna, the city of the future is being built on a former deerfield. this sustainable neighborhood will be home to more than 25000 people. they start often. it also doubles as a lab, conducting research on nobility, architecture, and urban living. global us next on d, w rugs, the environment trends technology company is digitalization tops, new markets, new media. the world is accelerating these the opportunities to try new things. take flights with data, we use business magazine, made in germany. in 60 minutes on d,

w. 12 in progress pop calls to everyone who wants to know more about this topic. the 2nd son of about this story is beyond the headline of the world in progress. the w talk cost the how is housing changing? how is mobility changing? will cost really slight? oh, cities flows in the clouds or even in space. there is no shortage of inspiring exciting visions of stacy's of this key. but the reality is, sobering traffic calles climate change. many cities today are in crisis. we.