the rages people are trying to stem of the turkish governments, all sorts of gibs. but only if the crime is addressed in the power of attorney to take responsibility for his actions . guardians of trees starts october 28th on d. w. of the businesses across the world breeds a huge sigh of relief when china ended. it's covered 19 lock 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, 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. rushes oil exports remain stable functions and effective results. 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 a sho. shina has had an unbelievable economic growth story behind it for decades ago. it was a poor country as 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, independent of price changes in the 90s, in the mid to thousands. gdp increases, a 14 percent were common last year. it was less than 3 percent double digit growth is now in the past, my colleague moved to yada 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's economy years. we could actually just trust chinese consumers to buy the right things. is china star on the way? and why might he save the day 1st, tech styles then machinery, then internet services. that's how china is 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. we took into the us in recent years, the construction sector, especially as 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 advert ground has to inject cash into the system. so they can continue making payments and not go completely in solvents and really collapse like a lehman brothers 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, and that's holding back investment. the sceptical 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 and, and the communist system for try innovation could reignite growth creating new jobs with new ideas. the government has been promoting innovation with the equivalent of several 1000000 bureaus 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 want the technological self reliance on.

they don't like relying on, you know, the west, they don't like or line of united states. the 2018 donald trump sanctions against china triggered a boom and the high tech sector domestic products were to replace. so lack of import. how well would that work? that's pretty just as joint as 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 if on. 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 couldn't was that the end of china is economic fair, retail. they don't have to 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. what you're doing, right? and without that willingness to say, okay, we've tried, i've tried my model and it's not working. then 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 biggest economy in 2031, to be at the forefront, technologically will likely take several more decades. are right now, chinese presents cheating. pain prefers economic independence and seems willing to sacrifice growth. but china is ally russia as a very different challenge. it is trying to circumvent sanctions imposed by western countries in response to the war in ukraine. the sanctions 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 was the 4 percent and gas, only 1.8 percent. a reporter question for celsius took

a look at the weather. the sanctions, a working in russia is producing just as much oil as before, the ukraine war. and it's selling more liquefied natural gas to the you've been and for before pressure has been able to maintain strong levels of oil exports comparable to those people. in fact, even with elizabeth of an increase. how can this be? didn't the european union, n g 7 countries agree on sanctions against russian oil and gas exports? in the summer of 2022 the punitive measures were in response to russia's invention of ukraine in violation of international law. but so far they've had hardly any effect. on the contrary, russia exported around $8000000.00 barrels of oil each day and 2018. this volume has stayed virtually constant over the past 5 years.

ready one of the measures agreed tankers carrying russian oil would no longer be allowed to call exports. and 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 refueled 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 binds the bearing sea, especially to asia. at 1st the sanctions lead 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 entries, china and india, 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 u 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 mechanism which allows the western company. ready leg shippers and traders, and insures to continue facilitating the trade and pressure. lovely. one reason lou

costs and the oil trade in western companies not being monitored well enough. what would be the solutions a showing the price cup is functioning. so really investigating the trade and i'm being sure companies, ok, i'm fine with the existing price cap. i'm be once that's in place. the obvious next move is to types and the price happens, the lower the price. another problem, rushes flourishing, l n g trade. the sanctions against russian gas coming to year apply and pipelines are taking effect. but even greater volumes of russian elegy are ending up in europe in 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 1000000000 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 spent 5300000000 bureaus to the kremlin for energy

purchases. and it's important to know so that there is no restriction on a trade russian 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, or if it's harvey ship, which is still a challenge and it might have a short run impact on prizes. but it's just, it's the most feasible, the you and the g 7 countries could already helped themselves to l. n, g and oil on the world market and switch to other suppliers. and is this way better controls and stricter sanctions against russian deliveries could also be compliant with some of the biggest losers in the economic full out of rushes 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, record energy prices have hurt the pakistani 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 of the w reporter, a fund of top found out the level of the sun. electricity is good without it, we couldn't see of 90 the this is electrically bundle fuck a sense, very few and a z or to know much villages in the bus. it has no access to electricity, but tanks to itself good sort of system. people here no longer, very about energy, like many and focused on the let's print go. this is a work village that's not connected to the could the

hunter recently, presidents that are light on board 5 for light duty the night. but now the meeting to the energy news, but the sort of bother the what do you most daily routine use to to follow? but i was working in the fields, deadening to animals and getting all causal task for her. the day ended when the sun been down now the family has a stable source, so for like the city, 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. there's heavy,

the light on fossil fuels. 64 percent of its energy is produced from the importer toys gas ankle is skyrocketing, energy prices and power outage is due to the regular transmission. but also a huge problem focused on wants to make strides in the clean energy sector, nearly 100000000 people in the country like proffered access to electricity, especially into related yes. it is. when we settled here, there was no electricity. we requested the 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 selling involved 8 years 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 buckets dani rupees, around 140 years for one. so pennell system, the 12 families share a handbook that 8 families share. 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 you and your 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 could 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 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 patterns and that's the way lucky out. children can study now they can study under the lights, that makes me happy, solid and solutions and all making a big difference in the lives of these glitches. put something like this. park where you live, or do you know about the community for the individual that has come up with an even better solution. chatted with us and divide 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 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 lies 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 are the test pix, and i will get that phone. i'll stay on the high for is our platform for testing

technology. and again, us to invest. we use a hydrogen fuel cell on it. i suspect 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 thing with the 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 and divide that. so not all eyes are on this step as even the industry is big players, such as air bus will have to rely on liquid hydrogen for clean flying and the future for the stuttgart based company to play a role, the entire system will have to become smaller and more compact in less than 2 years,

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 flying. 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 motors. all ford 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 judging propulsion

and has just acquired a state in the company. the startup wants to serially convert the 1st regional aircraft within 2 years. as what about these details? so if you look at some check, no logical development or follow rough timeframe would be around 2040. and at that time, it will pay for smaller aircraft sizes for $50.00 to $75.00 or 80 passenger seat, because 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 for 3330, or 49126125. 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 a ton of most vehicles to become a comment site on our roads, the logistics industry could be leading the way with tell a drivers travel as trucks that are controlled remotely could become the answer to the truck driver shortage the cars that drives to 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 right from munich is one of them and focuses on long haul trucks from the logistics industry. the other startup is very from brand name 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 the need for parking. the idea is that the service costs the customer less than using a cab or over too much funds or founded fee to use, 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 autonomy was 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, hoping to find continued alina. prestige 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 of the $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 like normal driving. she says she's been absent fired up by like, i'm right there. we have microphones installed on the car and i can hear the sounds of an ambulance company can go for the police driving, buying company here at all through my headphone over here. but mind a cup for a long while they is testing cars, found right, is already doing field studies with its trucks like here and move up port in estonia. 80 percent of the time the vehicles drive ultimately only when loading and unloading. just the tell the driver takes 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 deployed the 1st remote control vehicles on their factory premises. hensley, 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. i think it took off to you in this t,

excuse me. so the pressure on the industry is that you try for then our customers are giving us feedback and that 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, and if it's great, having a situation like that as a company got into the august 20th on sound right. has no problem finding enough truck drivers use if mancha is one of the 1st 40 teller 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 and the go into your family, your friends. everyone suffers if 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 and

perspective found ride also wants to drive its trucks on highways. but how safe would tell a driving be on public roads? sigfried brockman 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 that 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 or wants to avoid. he's vision is to make europe the pioneer of tele 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 for me and the entire team here in berlin. good by and take care the

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