tv Business - News Deutsche Welle October 4, 2023 5:45pm-6:01pm CEST
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the scope of offers on the program. the european commission has on veiled a list of 4 sensitive technology areas to de risk its relationship with china and other author, terry and receipts cutting edge microchips. a i 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 e u has a come wary of its dependents and partners like russia and china ever since. dakota 19 pandemic disrupt supply chains and the board ukraine lead to an energy price for more of this, let's bring in dw type a bureau chief thoughts on 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 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 policy is coverage. apparently, china has become he who must not be named or you know who that the european union does not want to say out loud or uh, i mean, the 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 us. we all know, like china has advanced technologies on these 4 areas. many pages is looking at the, at the 2 of you because we know for a lot of on the lie. and he, she said like the goal, like all these strategies are focusing on, on the, on the point that they don't want to be able to get badging. the ability to enhance is 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 the taiwan is also involved here. um, how would you respond to the geopolitical risk 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, your p and 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 emphasize 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. this is also part of the using nomic security framework and which originated from china 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 um 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 not me course. and so still china is the main target that, that you cannot avoid. but at the same time, it is difficult for the 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 giving me economy has not dampened is people's desire to travel, despite slow growth, high use unemployment and a property market in crisis. the country is seeing record travel for the annual goals and we call a day with more than 62000000 people expected to be on the move. the millions
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of 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 both is palpable. here so many taurus, 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 create pet damage 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 or real estate crisis and record use unemployment. the tourists are sending the cautiously especially those boys to enter the job market. soon the why do sure, we mean the 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 sites in spots as possible and return at night. all that. why have that for you? that 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. your opinion union is investigating chinese subsidies for wind turbine manufacturers
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move comes us, chinese heavy equipment maker sadly. plans to produce wind turbines, it's 6 of its sites in europe. brussels will be looking into whether subsidies from basing are given chinese manufacturers an unfair advantage. the biden administration announced several sanctions against chinese companies and executors planning them for importing the chemicals used to make the deadly synthetic opioid fentanyl. it says companies that make the, for a curse or fraternity, the precursor routinely mislabeled products in order to avoid being caught by law enforcement. defend to know. let's go 70000 people year since the year 2020 facebook and instagram years, 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 zeros a month. middle needs to comply with your opinion. union rules which threatened to
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curb its ability to personalize ad for users without their consent and hurt its major revenue. so matter reportedly plans to implement the plans in the coming months. so let's get the view of den ives on this. managing director and senior equity 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 welcome to monetize . now if you go non add in terms of the services, and i think this also shows it's a little bit of a shot across about you. when you play with fire, you can get her and i think this is really way of showing me what do you make of the proposed price structure? $10.00 euros are around $13.00 per month. look,
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i think what we're seeing with subscriptions across the board. i mean star with linkedin, you evaluated cc'd 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. busy why these miles are going, especially non ad driven i especially is are looking to monetize the privacy. indeed issues are a big thing. yeah. especially that's playing out in europe. and i do think that the walls 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 service is app and free since they hit the market. and facebook, for example, repeatedly has been saying it will remain a free service to. yeah, well i think it's also possible facebook would have a 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, when you think about younger generations, or maybe you instagram like eating and drinking. and then instagram, right, and then i phone. so it's become that important in terms every day. i think meta and dr. burke understand the churn, the bar could be worse and the by, and i think it's experimental to what they're seeing. you maybe if, if it's successful here, it's something we can see in the us as well as global and. 3 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 have the managing director and senior equity analyst at red versus securities. then as always, thank you for your analysis to. 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 european commission has unveiled a list of 4 sensitive technology areas as part of its attempted the risk. it's relationship with china and other folder, a terry and regimes. you will examine whether trade and cutting edge microchips, a powered systems. quantum computing and genetic engineering represent a danger to the block and that is our show compress. colburn. berlin, thanks for watching. have a successful the
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the the this is dw news line from the land, the us government that plunged into total chaos as the house of representatives of votes to be move, it's become republicans, kevin mccarthy. so this comes after a small group of hauled by members of his own policy rebels against that. also on the program teenage go a sense for you to come in iran that have to be forced. they being attacked by morales, the police will thoughts as deny the clients because activist types she wants to solve for violating the countries, the dress code for women folks as the coverage.
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