tv Business - News Deutsche Welle October 4, 2023 4:15pm-4:31pm CEST
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to give you access to the latest news around, well, let us push notifications for any breaking news. come back at the top of our cris cobra. how's your business updates in just a moment, including how much would you pay to use the favorite social media platforms without advertising? exploding that on more in just about which is the w. good. the, let's see chris live. you discover new adventures in 360 degrees and explore fascinating. both heritage spelling d, w world heritage. 360 pounds. sometimes a seed is all you need to allow big ideas to grow. we're bringing an environmental conservation to wife with learning facts like global ideas. we will show you
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how climate change and environmental conservation is taking shape around the world and how we can make a difference. knowledge grows through sharing, download it now for the good artificial intelligence be a risk for europe's economic secured blog is assessing what impact certain technologies are likely to have and is apparently pondering export control. we'll hear from our correspondence what china makes a piece, plus also coming up in an attempt to address. do you privacy rules? meta is considering charging uses in europe to browse at free versions of facebook . and it's a really well up expert analyses on the idea of course,
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cobra walked into the program, steer of intermission as on building a list of 4 sensitive technology areas to de risk its relationship with china and other author, terry, and receipts cutting edge microwaves. a power systems quantum computing and genetic engineering will be put under the microscope to determine whether their exports and imports represent a danger to the security of the european union. as a whole. the eu has become wary of its dependence on partners like russia and china ever since. dakota 19 pandemic disrupted supply chains and the board ukraine lead to an energy price for more of this, let's bring in dw type a bureau chief, sold song hand. so the use says that this risk assessment will be country agnostic . but of course, the question on many people's minds is how much of this initiative is targeting china, specifically for everyone knows that the biggest potential target is china.
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and this is part of the use of nomic security strategy. senior officials from the you have repeatedly named china directly when discussing nomic races. but at the official press conference and the background briefing on the list of key technologies, they try to avoid such talkative, a number of a general list. they're asked questions center on the china factor, and one technology official responded by saying that joe political risk would certainly be taken into account and presenting the list. but that individual countries would not be named in order to maintain the integrity of the policies coverage. apparently, china has become he who must not be named or you know who that the okay and union does not want to say out loud. i mean, export controls. uh could be, uh, one measure that the, that the you couldn't put in place here. but the question is, how much pressure can you really put on china here?
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well, not much as the we all know, like china has advanced technologies on these 4 areas, mainly page it is looking at the at the 2 of you because we know for it, um, uh we sell off on the lie. and he, she said like a few months ago, like all these strategies are focusing on, on, on the, on the point that they don't want to be able to get badging. the ability to enhance . it's the military technology when it comes to a possible war happening in this region, especially with taiwan as we all know. so not much real pressure, but it's the attitude and the e stance in the future. that agent is watching closely. taiwan, you mentioned a taiwan is also involved here. um, how would the respond to the geopolitical risks of its dependence on taiwan for semiconductor? well, the official reply that the key technology policy does not target any content in
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country or anything of that sort. and that, of course, um european ships are very dependent on this part of the world, not just taiwan, but also south korea, which is why you has proposed that the chipped act, which is 6 to restore you, your, your ups chip manufacturing power. and again, a reporter in that audience, i'll ask how much china the elephant in the room would affect the policy. the official emphasized that the policy was not designed for china, but that the u. 6. the risk of too much dependence on foreign countries will keep technology and therefore it does what they need to do. now, on the same day that the list of key technologies was released, the parliament passed the anti cars and instrument legislation. tell us more about that as well is also part of the using nomic security framework and which originated from china's trade course and a guest to do the any of this legislation. this attempt to integrate the relevant
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policies already proposed and planned into this framework and indicating that the risk assessment will be made in full areas. i'm at least supply chain and resilience critical role materials, a security and leakage of technology and the risk of economic dependence. or um, what they say with a nice ation of nomic coercion. so steel, china is the main target that, that you cannot avoid. but at the same time, it is difficult for you to give up the interest of nomic and tre transaction of a china, when we know. so we still have to see how that you balance the 2 in their following moves. you w type a bureau chief thoughts on hand, so thank you. china is given me, economy has not dampened is people's desire to travel, despite slow growth, high used unemployment and a property marketing crisis. the country is seeing reco travel for the annual goals and we call it a. but more than 62000000 people expected to be on the move. the millions of
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travelers descend upon china's most popular tourist spots. taking advantage of 8 days of holiday known here as the golden week. it's the 1st time china is nearly one and a half 1000000000 people can celebrate the stretch of holiday since pandemic restrictions were lifted in december. and the 1st time since the country resumed international flights, the gusto for travel is palpable. here so many tourists, more than before, the area around the lake is so crowded, a lot of places you can't enter exit. china's ministry of transport predicts that are record breaking 2000000000 trips will be made during the gold week holiday via railway, highway waterway and air boosting spending. as taurus, splurge on hotels, meals attractions and tours the consumer confidence has been rising slowly.
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it is far from pre pandemic levels. will tell because in q 2 was great. if you look at a flat capacity, yes, fully recovered to about 50 percent will prepare them level. so we're not really not in full set capacity recovery at the center of the sluggish growth is a number of economic crises in debt. crisis are real estate crisis and record use unemployment. tourists are spending the cautiously especially those boys to enter the job market. soon. the why do sure, we mean full use of a one day tour? we don't sleep overnight in the destinations to save money. we take a morning train visit as many sightseeing spots as possible and return at night. that's why has definitely let travelers also face to return to reality when golden week ends in a few days and also some of the other global business stories making news steer opinion unit is investigating chinese subsidies for wind turbine manufacturers move
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comes us. chinese heavy equipment makers sadly, plans to produce wind turbines like 6 of its sites in europe. brussels will be looking into whether subsidies from beijing or giving chinese manufacturers an unfair advantage. the biden administration announced several sanctions against chinese companies and executors. blaming them for importing the chemicals used to make the deadly synthetic opioid fentanyl that says companies that make the product, chris or fraternity. the precursor routinely mislabeled products in order to avoid being called by law enforcement fentanyl. let's go 70000 people year since the year 2020 facebook and instagram here are those in europe may soon have to pay if they wants to browse ad free versions of the social media platforms. parent company, meta is exploring a plan that would charge people as much as 10 euro as a month middle needs to comply with your opinion,
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union rules which threaten to curb it's ability to personalize ads for users without their consent and hurt it's major revenue. so matter reportedly plans to implement the plans in the coming months. let's get the view of den ives on this. managing director and senior activity listed web bush securities. welcome back to the program, dan. why is met of discussing this step now? i mean, it comes down to the privacy issues, limits the advertising dollars they can make and they're all 3 looking to monetize . now if you go non add in terms of the services, i think this also shows it's a little bit of a shot across the board. you, when you play with fire, you can get her and i think this is really way of showing what do you make of the proposed price structure? $10.00 euros are around $14.00 per month. a look. i think what we're seeing was
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subscriptions across the board. i mean star with linkedin, you've obviously seed premium across the board. you know, whether it's on content. we can see it with x, you know, formerly known as twitter. i think this is where a lot of these smiles are don't, especially non ad driven. i especially is, are looking to monetize the privacy. indeed issues are a big thing, you know, especially that's playing out in europe. and i do think that the was of key been a bit and for companies like mehta, i mean they're sort of looking at opportunities now to monetize that you could have churn from a subscriber perspective. but i do believe this is maybe a changing the times. how do you think uh, facebook and instagram users are likely to react? i mean, this services have been free since they hit the market. and facebook, for example, repeatedly has been saying it will remain a free service. yeah. busy i think it's also possible facebook would have a. busy lower subscription fee, just i think there's
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a lot more ensuring that can happen there. but instagram, especially in certain demographics and when you think about younger generations, or maybe you instagram like eating and drinking and then instagram. right. and then i phone to has become that important in terms of every day. i think meta and dr. burke understand the churn, the bar could be worse than to buy it. and i think it's experimental to what they're seeing. you know, maybe if the, if it's successful here, it's something we can see in the us as well as global. and do you think that the, you will see it's privacy concerns met with this step? yeah, well i think you, as we all know in brussels, i mean we use your focus from a privacy perspective. big tech is something that's right now, you know clear target on their back. and i think that will be to tight route remitted to sure to navigate here for privacy perspective,
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but it comes down to modernization. well i mean the privacy issues then i was the managing director and senior equity analyst at red bush securities. then as always, thank you for your analysis. and you can watch the full length interview with dan ives on the deed of the news youtube channel. and he has a reminder of our top story we have for you. the commission has unveiled a list of for sensitive technology areas as part of its attempted the risk. it's relationship with china and other, other terry and regimes. you will examine whether trade and cutting edge microchips a power systems. quantum computing and genetic engineering represent a danger to the block and that is our show conference colburn. berlin, thanks for watching. have a successful the
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a new culture and in 15 minutes left says together parts of our community life the service is now on the every thing is getting more expensive. first our energy bill sword, then food prices. the cost of living crisis was forcing many to cut corners, but switching to a cheaper alternative isn't always an option because even the roof above our heads is getting more expensive. rent prices are on the rise around the glove causing ex .
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