tv Made in Germany Deutsche Welle October 11, 2023 7:30am-8:01am CEST
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golf and how these police can be changed. the start filming us. plea from the perspectives. stuff october turns with us on d. w. the, the businesses across the world read a huge sigh of relief when china ended. it's covered 19 locked down just over a year ago. the world's 2nd largest economy was open for business, both as a market and producer. today, the mood couldn't be more different. the chinese property sector is struggling. youth unemployment is storing an economic data has been disappointing. overall,
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how to china lose this team powering it's economic growth will be looking at it and that's the addition of made the w's business magazine. and here are the other topics. crisis oil exports remain stable functions in effective remote packet, stoney village becomes energy self sufficient and is replacing kerosene with hydrogen. the key to climate friendly, flying into bondage and bellow. welcome to the show to china has had an unbelievable economic growth story behind it for decades. ago it was a poor country, g d, p per capita, was $288.00 in 1981. last year. it was around $12000.00. this development can be seen clearly in the countries real g, d, p. the sum of all the products and services of an economy, independence,
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a price changes in the nineties and the mid to thousands. gdp increase is a 14 percent where common last year it was less than 3 percent. double digit growth is now in the past, my colleague, no to jada smit has been looking at the chinese economy. china is models more growth, more exports, more prosperity, but that's over for now. this could last longer. china is economy as we can actually do things. just trust chinese consumers to buy the right things is china star on the way. and why might he save the day? first, tech styles then machinery, then internet services. that's how the chinese economy developed rapidly. this sort of china has largely completed catch up development, and that means it's becoming fundamentally more difficult to generate growth. so going to the years in recent years,
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the construction sector especially has driven growth. but it's now suffering from a real estate bubble. leading corporations are completely over leveraged. maybe an increase of the real estate crisis is actually a very big problem for the chinese economy. one of the reasons is that the real estate industry is extremely important in china, making up about 20 percent of g d, p. even according to conservative estimates, i was so far, leadership knows how to help itself. the aging has ordered chinese state on enterprises to intervene and to go buy some of the more toxic assets that ever ground has to inject cash into the system. so they can continue making payments and not go completely in solvents and really collapse like of even better situation. now that doesn't eliminate the risk. the risk is just spread out, but china is crisis, goes even deeper and she is partly to blame. head of staging. pain is bullying private companies with ever more regulations,
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and that's holding back investment. the federal minister ship a tie and the party accepted this as they wanted to make an example of it and show that it's not influential entrepreneurs who ultimately control the economy. but the communist party in, in, in the system, protects innovation, could recognize growth, creating new jobs with new ideas. the government has been promoting innovation with the equivalent of several 1000000 heroes each year. the number of patent applications has been rising by 15 percent annually. people started to really recognize actually china is perfectly capable of innovation. and i think a lot of the motivation for that actually really was driven starting around 2018 that you know, aging has always had, you know, that the communist party in particular, their communist party. they inherently wants the technological self reliance on. they don't like relying on, you know, the west, they don't like relying on the united states. the 2018 donald trump sanctions
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against china triggered a boom and the high tech sector domestic products were to replace. so lack of imports. but how well would that work? that's pretty just as china is political system, which is becoming increasingly repressive. does stand in the way of creativity and innovation in many areas. so it's not at all certain that the communist parties efforts will actually be successful. this one, and that's why it really would be a very big problem to no longer be able to have access to high tech from abroad expenses. so quinn was that the end of china is economic fairy to they don't have that kind of stimulus potential that they had in that case. but you also don't have the willingness to re engage with the reformers within the party shooting by. and without that willingness to say, okay, we've tried, i've tried my model and it's not working, but i think we are going to enter a period of more, sustains, slower growth. 3 or 4 percent could be enough for china to overtake the us as the
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biggest economy in 2031, to be at the forefront, technologically will likely take several more decades. are right now, chinese presents shooting pain, prefers economic independence, and seems willing to sacrifice growth. but china's ally russia as a very different challenge. it is trying to circumvent sanctions imposed by western countries in response to the war in ukraine, essentially is target revenues on one of russia's most important export goods. crude oil, its share of total export trade in 2021 was more than 37 percent of the energy sources were less significant. cole, with a 4 percent and gas only 1.8 percent. a reporter question for sale. you took a look at whether the sanctions a working,
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or russia is producing just as much oil as before, the ukraine more. and it's selling more liquefied natural gas to the use than ever before. pressure has been able to maintain strong levels of oil exports comparable to those people. in fact, even with the bits of an increase. how can this be? didn't the european union, n g 7 countries agree on the sanctions against russian oil and gas exports? in the summer of 2022 the punitive measures were in response to russia's invasion of ukraine in violation of international law. so far they've had hardly any effect on the contrary. motion exported around 8000000 barrels of oil each day in 2018. this volume has stayed virtually constant over the past 5 years. ready one
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of the measures agreed tankers carrying russian oil would no longer be allowed to call at sports in the e u. m. g 7 countries and the supply of oil to europe. file land pipelines would be severely restricted, but the reality has been different. dozens of oil tankers, including some from g 7 countries are waiting to be re fueled with oil off the russian ports of november to assist and more months. for example, they're making deliveries across the mediterranean. or like this russian tanker bind the bearing seat especially to asia. at 1st the sanctions led to a fault and the price of russian oil. as a result, refineries in asia have seized the opportunity and expanded their production of fuels such as gasoline and diesel, which they can export profitably. that's part of the reason why india and china have boosted their consumption of russian crystal is because of the discount. in many cases, those can entries, china and india,
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buying cheaper us and crude oil and selling the refined product back in the global marketplace at a premium. another sanctions measure has been the $60.00 per barrel price limit for russian oil about $20.00 below the market price decided by the g $7.00 countries and the you at the end of 2022. but that hasn't worked either price counts of $60.00 per barrel was intended to limit russia's foreign exchange earnings. the normal oil price for brent is between $80.00 and $90.00, but the real trading price for russian oil has climbed to over $70.00. currently, despite the price limit, how did this happen? it also has to do with the price cap mechanism, which allows the western companies like shippers and traders and ensures to continue facilitating been treated russia lovely. one reason lou costs and the oil trade in western companies not being monitored well enough,
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what would be the solutions a showing the price copies functioning. so really investigating the trade and i'm being sure companies are complying with the existing price cap and b once that's in place. the obvious next move is the types and the price competence to lower the price. another problem, russia is flourishing l. n. g trade. the sanctions against russian gas coming to your apply and pipelines are taking effect. but even greater volumes of russian elegy are ending up at european ports in 2021. there were 16000000000 cubic meters or bcm of natural gas in the 1st year of the war 2022. it was already $22.00 b. c. m, and 820-2313 1000000 cubic meters of l. n. g. have been delivered so far by the end of the year, it's estimated that this figure will reach more than $22.00 bcm this year. european countries spend 5300000000 bureaus to the problem for l. n. g purchases. and it's important to know so that there is no restriction on the trade. brushing
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allergy when it comes to europe. the you does not want to sanction russian l. n g until 2027. can europe get through the winter without this liquefied natural gas for energy? it's much similar to oil where you have to replace the russian ship with an american ship work. it's harvey ship, which is still a challenge and it might have a short run impact on price is that interested in the most feasible, the you and the g $7.00 countries could already helped themselves to l. n g and oil on the world market and switch to other suppliers. and it this way, better controls and stricter sanctions against russian deliveries could also be compliant with some of the biggest losers. and the economic fold out of russia's war in ukraine have been countries far away, like packets done. while europe has been able to pay almost any price on the international gas markets,
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reco to energy prices have hurt the back is donny economy. and the need to be energy self sufficient has become even more apparent solar energy and wind power could help pack is done become less dependent on gas. turning to renewable energy sources would be able to benefit remote villages, like lockman koli, a. d w reporter, a fund of top found out the level of the sun. electricity is good. without it, we couldn't see of 9 to the very good. this is electronically bundle spa cosigns, very few and a z or know most villages in the bus. it has no access to electricity, but tank stores soft, good sort of system. people here no longer, very about energy, like many and focused on the let's for go. this is a work village that's not connected to the could the hunter recently,
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presidents that are light on board fires for light during the night. but now they are meeting to the energy news, but the sort of bother the 20 most daily routine use to to follow. but i was working in the fields, deadening to animals and getting all causal tasks for her. the day ended, when the sun went down. now the family has a stable source of electricity, lima who has 3 children, can make 30 spend fugly at home even after the sun goes down. it's so much needed source of extra income. i mean, after the fact that, you know, if we can make 2 or 3 pieces of pastry, i can and money by selling it. the more i make, the more i can so focused on the energy sector. it is heavy. the light on fossil fuels, 64 percent off its energy, is produced from the importer toys gas ankle is keidel cutting energy prices and
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power outage is due to the regular transmission, but also a huge problem. part buck a son wants to make strides in the clean energy sector, nearly 100000000 people in the country like proffered access to electricity, especially into radios. i'm yeah, i think when settled here, there was no electricity. we requested a connection to the national grid and we were told we would get it. but that was 20 years ago. we sent over one of the biggest salad and devoted yards is the issue of the land ownership. for example, this village is owned by a landlord and the village is living by working in the fields. thanks to a sustainable initiative by the heritage foundation focused on and you, dozens of families here have access to it on the clock. energy free of charge. would it be, i'd spend $42800.00 buckets, tony rupees,
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around 140 years for one solar panel system, the 12 families share the hands product that 8 families chair we build toilet that is shared by 2 families. we also build a site shelter for each family and we went up to the front door to take brandon's garden, start maintaining them pause and of the challenge. industrial disorder tenants can also affect their performance, but the end you had a set of sufficient solutions at the ready dates for any young local technicians to carry out regular maintenance. on the sort of installation i checked, the wiring and water levels and the battery. i have to keep it clean so that it will work properly. this can provide power to 65 volts, and a fan with the solar panels. i can earn money and support my family. so things are better than they were before. in this village, renewable energy to induce electricity that has a social impact. now, village residents often get that in the evening to continue the day's work. why
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this temporarily, family school in the village also benefits from and off could if i were supply better, send their kids to school in the evenings during the day. many children buck and the fears along. so i did veterans, and that's a bit of a we're lucky out. children can study now they can study under the lights. that makes me happy, solar and solutions and all making a big difference in the lives of these villages. put something like this. park where you live, or do you know about the community, but individuals that has come up with an even better solution. chatted with us and divide or the search for alternatives to oil. gas and coal is happening. but just in countries, but also industries including the association sector, both of travel sector,
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and aircraft manufacturer as a trying to work on solutions that could reduce the industries carbon emissions. start up here in germany has made a plane that could help do that with the help of hydrogen h 2 flights 1st hydrogen powered bond flight recently took off. and our reporter marcus british was their pilots have taken off in this unique aircraft a global 1st, which winds only on hydrogen mari bar slovenia. a team of engineers has spent weeks preparing for the initial flight. the h to fly crew has spent 2 years rebuilding their test aircraft as a technology platform. it has taken them just as long to convert the power source for the fuel cell and electric motors. the high for students have a test page and it will get that's on. i'll stay on the high for is our platform for testing technology, mcgee, austin. but we use a hydrogen fuel cell on
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a tight system which provides electrical energy to the electric motor. one is just the, what's new with this version is that instead of a pressure rise tank providing hydrogen for the fuel cell, quite a liquid tank which is 3 times the capacity now does it will see a couple of the tests that i'd stayed in bed use this carlos team postpone the initial flight several times due to bad weather font. the day finally arrived for them 1st seeking stuff. how do you get that with liquid hydrogen? we have a chance to cover long distances and to therefore keep using the ation as well. you know it height that can go in divide. that's enough. all eyes are on this step. as even the industry is big players, such as air bus will have to rely on liquid height agent for clean flying and the future. for the stood guard based company to play a role, the entire system will have to become smaller and more compact in less than 2 years,
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they should then deliver a solution for this passenger aircraft of the type d, o 328. the manufacturer of this $33.00 passenger aircraft sees it as opposed to clean blind. the current concept is we will have a fuel cells inside the cabin and then i'll hydrogen tank will be in the rear. so essentially we have the electric notes. this all pulled is, this is what we call the power plants, power, inverse moses, and to top of the aircraft. this is take all this equipment up to altitude and relevant conditions on tested. british competitors, 08, the seen spinster, a smaller twin engine plane already completed the test flight here in early 2023. but with just one electric motor and gaseous hydrogen, the other motor is a classic combustion engine. air bus is also interested in hydrogen propulsion and has just acquired
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a stake in the company. the startup wants to serially convert the 1st regional aircraft within 2 years. as a reminder is due to him, so if you look at to check the logical development of follow, rough timeframe would be around 2040. and at that time, it will be for smaller aircraft sizes for $50.00 to $75.00 or 80 passenger seat, cuz i feel like it's not just about the engines. it's about a completely new approach from the development of the aircraft to the clean energy for hydrogen production. district, our developers have shown what's feasible from a range of 700 kilometers today to 1500 kilometers with liquid hydrogen on board. experts even believe that this will make clean, trans atlantic lights possible in the future by 330 or 49 in 12625. now imagine being able to drive somewhere without having to do the actual work of driving. well, that's the promise of driverless cars. but while we still have to wait for
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a ton of most vehicles to become a comment site on our roads, the logistics industry could be leading the way. with tele, driver's travel as trucks that are controlled remotely could become the answer to the truck driver. shortage the cars that drives of the city with knowing that the wheel trucks without truckers not long ago, it would have sounded like science fiction. but today it's everyday life. the driver's work from an office, a few kilometers away to startups from germany are developing the technology sound rights and munich is one of them and focuses on long haul trucks for the logistics industry. ready the other startup is be from brewer lane and focuses on passenger transport by cars. these ideas, a door to door service, a tele driver, pilots, the electric car to the customer. the customer takes it over and drives himself to his destination and then hands the car back to the tell the driver. this eliminates
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the need for parking. the idea is that the service costs the customer less than using a cab or over thomas fund that or found it being used to help develop autonomous robot cabs in the us. now he's focusing on tele driving and that's some altima. it's a different approach to our economist driving knock that allows us to get to market much faster and realize a lot of benefits for us as a society happens. and we can't just hope that self driving technology will work one day uh, talking to you on find continued lena press the is one of the 1st tele drivers. she steers the car in the office, but it's just like being in the car itself. cameras allow a $360.00 degree view on the screen. the communication is by a radio. the car is connected to several networks in case one fails. in an emergency press the can stop the car with this button. template driving is just
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like normal driving. she says, she's been absent or fired off by like, i'm right there. we have microphones installed on the car and i can hear the sounds of an ambulance come. i can go for the police driving buying company here at home, all through my headphone. you raise your mind a couple a little while they is testing cars. found right is already doing field studies with its trucks like here in move up port in estonia. 80 percent of the time the vehicles drive ultimately only when loading and unloading. just the tell the driver take over for the delicate moves. that's why he can monitor up to 4 trucks at the same time, very soon, 24 shanker and volkswagen will also deploy the 1st remote control vehicles on their factory premises. kind of a comma is one of the founders of found ride. germany has a shortage of tens of thousands of truck drivers. so his development is highly welcome at logistics companies. accidental cuteness p. excuse me. so the pressure on the industry is that you try for then our customers are giving us feedback and
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they're very, very grateful. and that the technology already works, but they want us to roll it out so fast that we almost can keep up with the deliveries. and if it's great, having a situation like that as a company called ended august, so they can ride, has no problem finding enough truck drivers use if mancha is one of the 1st 40 tell a truckers the bavarian stop driving long distance because of back problems. the constant jolts on the road had taken their toll on him. he says his life is much more relaxed now far more along with the lease. and then i was on the road alone in the truck for weeks at a time in the go into your family, your friends. everyone suffers whom i know now i have my weekends to myself. what's that? i don't have to clean a truck somewhere on a saturday before getting home, so it's on the i just leave the company on time. think you should always, us to from in perspective, found ride also wants to drive its trucks on highways. but how safe would tell
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a driving beyond public roads? siegfried brookman had a look. he's an accident researcher. it has to be said that in the city traffic, it's extremely complex because the driver has to have a $360.00 degree all round view. i'm not sure that anyone can actually do that on a computer account and be attentive all the time you see on the highway, though, it's much, much easier because the traffic is much less complex and got so there i think it's actually an approach that's feasible and can also bridge the gap to fully automated driving. they is still waiting for approval from the german authorities, but the outcome is not certain. that's why being set up a branch in the us city of las vegas, if necessary, they will start there. but that's exactly what fund to o wants to avoid. these vision is to make europe the pioneer of tell a driving and that brings us to the end of today's edition of late. thank you so much for watching and to join us again next time until then from me and the entire
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this is the, the, the news life from bill and the death toll climbs in israel. as the full extent of a mass is attacked, comes to lights, the military place, the number of people killed has reached 1200 and that most of them were civilians. didn't guys a whole neighborhood has been flattened as israel steps up. it's a stripes on the territory. we more than 900 has been reported that the
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