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tv   Business - News  Deutsche Welle  November 7, 2023 5:45pm-6:01pm CET

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welcome to the progress is staging. scattering away your opinion business. a survey conducted by the european central bank suggest over 40 percent of a multinational was planning to shift the overseas operations to politically friendly countries. the majority pointed to china as posing a particular risk. they're also looking for source materials elsewhere to be less dependent on the country on monday, trying to post this 1st of a course of the deficits in foreign direct investment as withdrawals and downsizing by foreign firms outpaced best spending age but been discussing this with so were 10 who is chat of finance at the university of hong kong. i asked him whether the china is becoming an increasingly hostile environment. the foreign firms, the welfare and the geo political challenge have taken really center stage as far as all their policy makers and the defense political leaders are
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concerned. they are really preparing a 1st opportunity to show um, security to you for child i as i have the secondly to protect china from a geo political uh, volunteer to, to say the least least as read that sense. i mean, it's really not surprising that about the only chinese piece of this is in the household. i'm making the adjustments. so we should um, uh, following businesses in china as well. so given the welfare driven nature and uh, preparation for possible uh military. all the types of conflicts with uh, developed countries um the business environment are in china has turned to be uh, more and more friendly to the following businesses. uh so in other words, domestically in china, you know,
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government officials trust 1st and foremost the state owned enterprises because the state, all the enterprises are controlled by the potty and other government branch. and then uh, you know, when they have to choose between domestic private businesses and forwarded businesses during business in china than they would 1st uh, you know, pick a trust. uh, they told messic private businesses on top of the following business. it started. so i got fence um the operational will basically see my rent home all time national firms coming from the west. uh deal with a very different uh country business context. uh, in china, especially when compared to uh, to you know, the business environment in china 20 years ago or 10 years ago. it's interesting that the china is just pricing is 1st of a quarterly deficit in foreign direct investment from what you're saying. you make
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it sound like that's not actually something that would consider engaging, particularly as well if they would like to have both. uh, you know, the following basically says then following happened or to stay in china, especially given that uh, the chinese domestic and economy. uh its uh you know, slowing down to say the least. uh, it may even be a real recession. uh that is uh, being uh, uh, formed uh so a big deal term of that they do want you a cheap the comics uh growth situation from lot going down any further because uh they also are increasing unemployment challenge especially for the use of some of the other things uh considered uh they would like to they, they would like to acknowledge slowed down to, um, slow down. uh, some watch. uh,
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not the accelerated and not too much. uh for that sense. uh, they are concerned. so this is why the uh, us china relations, especially the us trying to acknowledge relations at the moment are really being um, improved uh, through various office show and on the official efforts uh, in trying to adjust, in particular to make sure that there's all coming up by then she need and you start from cisco and next week we're actually a b r conducted in a very user friendly environment. oh, you know, all of our backdrop on. so in that sense, uh, even though they realized that fundamentally the us, china relations are going to be very difficult to really uh, uh, be approved,
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uh, still at the moment they want to, uh, create a demo friendly atmosphere. uh, at least off to you and including next week after that meeting in san francisco then uh the. busy the may be somewhat different. so change our finance out of the university of hong kong that and you can watch an extended version of that interview. if you go to the dw news youtube channel, that's the w. com. uh sorry, due to the dot com slash the, the news now to some of the other type of business stories that and making the news international monetary fund. this upgrade is 2023 economic growth forecast for china to 5.4 percent from 5 percent. so i think of rebound in domestic consumption, the only math ones, however, that the weakness and property in it, in the properties that they could continue while demand from a broad may remain locked, less than the work is filed for bankruptcy in the us, the office sharing companies restructuring is vast. that's cost in pods by rise and
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people working from home. we work with ones, the us as most valuable stopped up with a peak valuation and maybe $50000000000.00. give us a space that is 1st course of the last. so since 2017 is based, heavy costs associated with its rescue fellows swiss banking job credit suisse. you guys law 795000000. your is join q 3. and industrial production in germany fell more than expected in september as a recent slump in incoming orders. tickets total on production output decreased by 1.4 percent compared to the previous month, which is the lowest level since august 2020 is the 4 consecutive months they dropped. the union has made clear its support for ukraine and as well with russia. however, that doesn't mean that on points of tension between e u member states, and that is the neva. many of those are related to economic concerns. and one of
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them is playing out on the border with port no way through. like here near dural husk polish truck. drivers have been blocking 3 important border crossings between poland and ukraine. they are protesting against the fact that ukrainian truckers are getting increasing order from poland, leaving them at a disadvantage. they still dealt with that until now. all the price differences between polish and ukrainian transport companies were levels by a permit system. but once the system was abandoned, ukrainian companies were allowed to enter the market without being subject to the same rules that apply to european firms. indeed, the european union has been waving the need for permits since the russians full scale invasion of ukraine. the polish government says have, can't do anything about it. meanwhile, increasing numbers of pull this truck or say their work is under a threat. first of all, we're still trying to fight, but if nothing happens, we won't last until after the new year is your trained will take all of our public transport and then it will be germany's turn book, i'm sorry,
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many minutes. in fact, the menu craney and truck drivers work for less money than you companies have to pay at the minimum wage. and are you afraid? companies have to meet stricter regulations for vehicles and operations. nice each year we earn enough money to live on. it may not be as much as in poland, but it's in the same order of salaries and thinks the guys they said that they never disputed. they are 2 sides and each side wants to get facilities better conditions and financial discounts. seeing yeah, well that's fine. yeah. you would be i can pull this truckers on now preparing for a more extended location if there's no solution they intend to hold out at least until the end of the year. well, it isn't just your training and folks that have been crossing the border into the you when the passage isn't being blocks that is so have ukrainian seeds which the country continues to produce, despite the ongoing war about 100 to allow me to south of kia of the small town
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put squeaky has so far been almost spared from the wall. it even has work and food to offer this by ups and produces seats for ukraine's agriculture. more than 100 employees. some of them highly qualified process cone hybrids. here, despite the war production, this maintains, in the event of an a, um, employees hunker down in bunk cuz sometimes for hours working hours they make up for, by working overtime. and the new system that we do not plan to close our production . this motivates us very much here, and we're making major investments. by 2025. we plan to invest $60000000.00 euros to increase production capacities at the bias site in ukraine because of what you buy out of. okay, e victoria and agricultural engineer comes one house on for 2 years,
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she lived on the russian occupation until she was able to escape. she felt work in the laboratory, a jump made possible by the plant investments, a new dealership to prove. i am convinced that this works of parts, not only me, but the whole of ukraine. ukraine can. we can all gain experience from foreign companies so that everyone can reach the level that they have to be each within those include some disney a for me. because of the war sales of seats and ukraine have declined from us last fields to mines and russian occupation. they are buying less. but now is 60 percent of the seats produce to you. i exported to the you buy a group of leaves long to him in the side and ukraine and calls for support from the us political. but i would like to see investment guarantees expanded by the german federal government and that the conditions are attractive. and because i
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would also like to see what financing opportunities exist for companies to make new investments right now to take on investments that could be destroyed by a russian. the strike protection could come in the shape of financial guarantees and of costs. and the shape of the anti aircraft missiles, protection that would benefit the entire village. it's just time to remind you that as the top business story that we're following for you, this, our, the survey conducted by the european central bank, suggested a 40 percent to be multi nationals trying to shift service these operations to politically friendly countries. majority identified china as having an elevated, right? so for me to visit team here and balance, i'm all i have is the d w dot com slash business or the thing to be news channels to the next time. the
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china is taking the electric call market with the new e t,
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find buy stores this the dad has set out to compete with europe. and the us that promises a long range at a relatively low price. kind of to live up a 30 minute d, w heavy is a c. iran like this. we explore the planes of the set time the place when millions of people will make it to each and the training grounds for the country's best women's shelter to iran in 75 minutes on d. w. the mirrors will tell you
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what the story we have a getting a visa is more difficult than finding gold hosted to use force and for the future feelings about what's going on in the industry. instead of being discussed across the continent, dw, and use africa every friday on d, w. not just another day. so much is happening all at once. we take time to understand this is the day an in depth look at current use events analyzed by experts and critical thing is not just another new. so weekdays on d, w, the,
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the business dw news line from balance benjamin netanyahu signals. israel will control security in gauze them off to the war. as the conflict enters in 2nd months. this is randy nita tells us both costs abc, that israel will need to have for the overall security responsibility in the territory. meanwhile there's been no, that's up in his rouse from boston garza, i'm off from health ministry says the desk told industry has arisen again.

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