gay file, did he speak to become the 1st marathon run at the brakes to our various in race conditions that came in? still not a regular would be. we really thought that they belonged to a safe after world record for the items and that's it. from me. and those team for now, 11 up there for you at the top of the state to and for k, ferguson. she has, it'll be a business for you. thanks the these places in europe stepped into a bold adventure the treasure map for martin flo to describe it as some of us wriggled, begging sites on youtube, and also input the interest the global economy portfolio g w, business

b on here's a closer look at the project our mission to analyze the flight for market dominance. this is west coast of a head with dw business be on the . the use trade chief says china, business policies are leaving europe and companies questioning their future in the country. his comments come against a 10 box truck with the 2 blocks accusing each other off in gauging and protectionism. also coming up is the german economy headed for another recession. we'll ask an expert why german businesses are feeling. so this is the, the,

the business on tape ferguson. the thanks for joining me. the used top trade official says tony's policies are fueling on certainty among european companies in the country. wildest and boskus made the comments during a visit to beijing, where he's been holding talks with the countries vice premier who may find the visit comes at a time of heightened tension. earlier this month, the even launched a pro into chinese subsidies on electric cars. and that move prompted kind to accusations of protectionism from beijing. another thorny issue concerns the possible implications of patients we bumped on teeth spinal, which funded europe and companies figure could lead to regular business activities, being labeled as s b in us. let's take a listen to how the e u trade commissioner expressed those concerns. as a new phone number, the relation slope on updates is empty, is spent hours low auto great concern to our business for minute

d a is that i'm be good at the loss of do mushroom for either protection. this means you're paying companies struggle to understand is that a compliance obligation? and is that to the fact that significantly decreases business confidence and that there's new investments in a china and dw correspondent read the birchwood has been following those talks from brussels, where she caught up with the used former trades commissioner, phil hogan. she began by asking him for his assessment of what appears to be a heart and the e u stats towards china, or less. what is the backdrop to this is the fact that we have a very open single market into your opinion. of course, as the envy of the world. and at times we have bill seen that there has been state owens enterprises in china, subsidize, and companies in order to compete with your to pin companies and nursing of market . and does trade commission in the past. i saw this at 1st time them though, and we have remedies for all of these are these issues and these disputes because

we push addition tire of some. and this latest development, of course, is an extension of that philosophy that we need to go to think of america generously. and so when you see, for example, evasion, it's in fact at this recent proof, a nice into electric vehicles, calling it basically an excuse for protection and on behalf of the european union. what do you make of that criticism? no of the fact that we're doing more trade with china than ever before, and 2020 to the fact of the united states as doing more trade with china. in 2022 is a demonstration dest. you know, there is an openness to do business between board blocks, but at the same time we are looking at the new found philosophy of the risking. which of the word rather than the company. that's what was now. and the risking means that we're going to protect the critical infrastructure interest in respect of our security issues. we mentioned that word, the risk. it's definitely a both words here in brussels has the, your opinion didn't tell enough of it what us, what's your, what's coming on a lot of pressure from the united states and august would be coming from china. and

i'm glad that that didn't happen. and i'm glad that we know we have use the word, the risky, but, and you know, do risky as well as, as, as, as a word that actually demonstrates to everybody that we have prepared to watch, calculate the critical infrastructure of your opinion and your from the security point of view or prepared to use the economist measures the policy change. cameron in your, in 2019, we followed up. that's what an agreement with china, which has been, isn't the, the freezer at the moment of, in terms of implementation for, for that agenda of the, of the, of chinese you agreement is the then that definitely have to resolve between europe and china. and i think that's, that perhaps is the basis of a negotiation going forward. you mentioned the china, the investment agreement initially struck back in 2020 a know deep in the freezer and they political tensions and exchange of sanctions. for example, is there any way you can see that being revised? nothing the short term? i think china has to come

a long way as towards reassuring the autopay and union that it is serious about, you know, the policy content of that agreement. i'm can see it happening. the long term a week is a long time in politics, but a year is in the tennessee. so you should continue. we might be able to continue with striking to try a data set that have been doing over the last year and a half. we have just signed up with new zealand and julie. we have memphis or mexico and australia supplement. tell us to agreement to my view europe is open for business is being very geo political and trade is the business of which we will do this and trade as the basis. and if i wouldn't be, you know, acknowledged a geo political enough. hogan, thank you. so much for speaking to the dumpling was now relations with china certainly aren't the only source of economic concern in europe. here in germany, a key monthly survey from the eco research institute showed the mood among business leaders had full. and for the 5th a month in a row in september with monitors and the construction on the surface of sectors

feeling especially pessimistic. the latest figures have fueled fears that in europe largest economy could be heading for a recession for the 2nd time this year. that's bringing clements was president of the so economic research institution clemons put this in historical context for us . how about a moment? is this for the german economy as well? it's certainly not a good moment. the german economies really having trouble getting out of this recession. and if we look at the different sectors, for instance, the construction industry, the reading of the index is the lowest since january 2009, which was the peak of the financial crisis. so it's certainly not good at the other areas of the economy. the other sectors of the economy are doing better, but certainly not good. so it's not an accelerating decline, but it is

a 2nd nation that's a very low level. and what is the biggest reason behind this stock nation? the probably isn't one reason it's a combination of factors. it is high energy prices. it is exposure off the german economy to eastern europe. it is of cause high interest rates and it is impulsively. a lot of uncertainty, not only about the economic environment, but also about wherever economic policy is going. for instance, the colonize ation. slide the up gemini, is a complex, doesn't cooperate, a lot of uncertainty so that a lot of companies are saying we are reluctant to invest and we wait. now, another source of uncertainty is of course, the relationship with china. the you on china are holding trade talks today. how concerned are german businesses about relations with aging?

the badging is very important try a partner of a trade with china is roughly 10 percent of a german foreign trade. so that is a law spot may be less than many people think. at the same time, certain sectors are very exposed. this includes pops up the chemical industry and it does include the german automotive sector. so the automotive sector is the most important sector of the german economy and the links to china, arkansas. so if you were chance there for a day, what reformers would you implemented to kick start to durham, to call me? while i think precisely, labor supply is one major issue. so we could undertake a set of reforms but would not create more in equality, but would not reduce government tax revenue, but that would encourage labor supply. so these reforms, the points i mentioned have to be undertaken. the other issue is energy policy and

the colonization policies here. the approach of the current government is a very strong in regulations and very interventionist. i think we need an approach which would more put more emphasis on common pricing, but otherwise let, the private sector adjusts and get the private sector more freedom to adjust. we need a less bureaucratic approach in this area. so more freedom on less rad tate timmonsville as president of the felt you cannot make research and the to thank you very much. thank you. as we just heard there, one of the biggest issues waiting on the drum of the economy is a shortage of skilled labor. the government has already introduced measures to make it easier to hire foreign workers. another option is to help people working past retirement age. and that is exactly what's happening at german airline. no tons of

our reports or media drugs storage sent us this report. misha, yahoo is back at work. although he retired 2 years ago. his employer north comes on take, asks him to return the costs of meet skilled workers like him, are talking to the owners and starts them off or found. it's the model, the nice deal on my on my leave it semester with more than 40 years experience as a materials inspector after the 10th be easily replaced. and his work involves inspecting aircraft engines, which carry millions around the world, fits into fairly soon going to progress dangerous, done the same time, can be done the form on this waiting list. and that entirely applies for me to the alternator 5 or for them to get them to give me the 5. how's the powers to? so the decision to return was easy for the 67 year olds. he gets an additional

income on top of his pension. and the company gets to have a skilled worker, retirees side, helping to a get in the labor force more because i'm look plots fund or the work is on a bit. and as i mentioned here, many people here doing when i buy some buildings, me don't enough time that i didn't look advanced by and we need to be really happy to get me to the young off. mental, lillian, so in that i'm using either one of those sound bite that's a lot of times that takes make is based in him. the last yes, a breach wreck on the profit of 511000000 euros. and it's expected to improve on that in 2023. it needs up to 2000 new skilled workers by december. but there are ins enough candidates. so hiring up to 100 retirees can fill some of the vacancies . that way for us is the keywords that the email have more implied by the name of

ethan sentinel file in size and mission. i use it after the contract expires in 2 years. he doesn't know whether he'll continue working his cellphone up and make that to be real please. how do you do to me a home? i do a good faith. my. my wife is all like it. we're not. we're now goes back to the incense even to anything, and it's all from staying open to working past retirement. no, that's a mindset that is helping field gemini skills label shortage. that ross of our show. thank you so much for watching. for more you can always check out the w dot com slash business. we're on the do don't mean use youtube channel as well on. also on facebook from me on the entire team here is by the, the

research for a better time. it involves the stinky method scientist in new zealand is performing breast test, some sheet to find out how much harmful medicine gas they can't. some shapes price is more climate friendly and the scientist is successfully breeding them. tomorrow today. next on d, w the, how many platforms can you handle single tenuously without having the feeling that it's just too much you might see me.

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