i have the intelligence, barry, james, bi from whom it's a got its name. now on the tale and lab did the restoration walk off to acquiring it. last year. the skeleton is expected to fetch up to 1200000 euros. that's a true up to date is coming up next is business all season by the world in progress. soft costs to everyone who wants to know more about the topic that concern us about this story beyond the headline world in progress. the w talk costs hello guys. this is the 77 percent the platform for these issues and share ideas.

you know, on this channel we are not afraid to pass and then he gets to talk to the young people clearly have the solution, the future of the 77 percent every weekend on dw the, the use tre, chief says china, business policies are leaving europe and companies questioning their future in the country. his comments come against a 10 fact wrong with the 2 blocks accusing each other of engaging in protectionism . also coming up is the german economy headed for another recession. we'll ask an expert while you, german businesses are feeling. so this is the w business. i'm paid for to some of the thanks for joining me. the use top trade official says chinese 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 as he may find. the visit comes at a time of high contention. earlier this month, the even launched a pro into chinese subsidies on electric cars. and that move prompted kind of to accusations of protectionism from beijing. another thorny issue concerns the possible implications of these things. we bumped on t spinal, which fund or a p and companies figure could lead to regular business activities being labeled as s b in us. that's taken, listen to had the you trade commissioner expressed those concerns as a new phone number, the relation slow on updates. it's empty is spent as low autoplay consent of our business community that be good. the allows us to 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 corresponded read. the barcode has been following those talks from brussels, where she cooled off with the use former trades commissioner, phil hogan. she began by asking him for his assessment of what appears to be a heart and the e u stops towards china, as well as what was 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, subsidizing companies in order to compete with your to pin companies in 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 put additional tires on. and this last as development of course,

has an extension of that philosophy that we need to go to think of them. i could try to stay. and so when you say, for example, of asian agent back at this recent pro, an ice into electric vehicles, calling it basically an excuse for protectionism 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 that the united states is doing more trade with china in 2022 is a demonstration that, you know, there's an openness to do business between both blocks. but at the same time, we are looking at the new found philosophy of the risking which of the word rather than the comforting that she was now. and the risking means that we're going to protect critical infrastructure and was in respect of our security issues. we mentioned that word, the risk, it's definitely a password here in brussels. has the european union thought enough of it? what was your worst 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 and you know, do risky, as well as, as, as, as a word that's actually demonstrates to everybody that we have prepared to watch carefully the critical infrastructure of your opinion. when you're 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 frazer at the moment in terms of implementation for, for that agenda of the, of the, of chinese you agreement is the, and uh, definitely have to resolve between europe and china. and i think that's, that perhaps is the basis of it. the goal is to ation going forward. you mentioned the china, the investment agreement initially struck back in 2020 a know deep in the freezer and the 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. and can you say, i think the long term week is a long time in politics, but a year is in the tennessee. so europe should continue. we might be able to continue a striking to try a data set that had been doing over the last year. and a half, we have just signed up with new zealand to julie. we have memphis or mexico and australia separately tell us to agreement to my view. europe is open for business is being very geo political and traders, the business of which we will do this. and trade as the businesses and if i wouldn't be, you know, acknowledged a geopolitical 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 fallen for the 5th. a month in a row in september with monitor is in the construction on the surface of sectors feeling, especially pessimistic. the latest figures has fueled fears that in europe largest

economy could be heading for a recession. for the 2nd time this year. that's bringing clements, who was president of the eco e comic 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 economy is 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 uh, 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 reasons 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 colonized 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 the german to call me while i think it 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 undertaking the other issue is energy policy and the colonization policies here. the approach of the current government is

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 and less rad tate. simon's full, his presence of the felt you cannot make research and the to thank you very much. thank you. it was, we just heard that one of the biggest issues weighing on the german 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 report from your drug storage sent us this report. me set you up who is back at

work. although he retired 2 years ago. his employer loaf tons of technic asks him to return because it needs the skilled worker like him or something. go to the office and starts them off. of course on it made me a bit proud of people who don't want to use my skills and knowledge on my way. we've had selected with more than 40 years of experience as a materials inspector up the can be easily replaced. and his work involves inspecting aircraft engines which carry millions around the world fits of into fairly. i'll assume going to process are dangerous because the engine can be damaged. as a result on this we move out. that's why the parts need to be repaired or replaced . we gave them a 5 holes. the powers to the decision to return was easy for the 67 year old. he gets an additional income on top of his pension. and the company gets to have

a skilled worker, retiree's side, helping fill a gap in the labor force. more because i look plots, funds, or the work is on a vision. how many people here who already worked in this field, you don't have to have been i love tons, a employee to work with us and we're happy to get retirees. well, willing to continue working with somebody that's a lot of times that takes make is based in handbook. nice. yes, a breach record 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 one's for us. this is an opportunity to fundamentally inspire more employees and keep them with us on and off by on the higher mission out of those contract

expires in 2 years. he doesn't know whether he will continue working here myself or not. i'll make that decision based on my health. how do i feel, how am i doing if it does my wife still like it or not? those factors are important, but in principle, and i'm open to anything that is often staying open to working past retirement. no, that's a mindset that is helping field gemini skills label shortage. that ross so far show. thank you so much for watching for more you can always check out the w dot com slash business, or on the dw news youtube channel as well. and also on facebook from me on the entire team here is by taking the

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