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tv   Business - News  Deutsche Welle  November 7, 2023 10:15pm-10:31pm CET

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parts trademarks could be yours if the price is right, is distinctive hats. they set them apart on the battlefield. and one of those a signature relics is going up for auction in paris, this month of the starting price. 500000. europe's if you've got the cash you want, you need to be news, dw, business days is up. next i will see you tomorrow. the actually we don't have a choice. so we have little time list to save the planet. so we have to do what we can as fast as possible. we only have one generation left just 25 years to implement the greatest revolution since the doing of the industrial age . replacing fossil fuels with renewable energy around the
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world without exception is a global energy to information reading cost of the fluid or is it for our to pa, document trees, the renewables revenue jobs november 25th dw, the the, uh, your pin exit us from china. research suggests many here in multinational as a considering shifting operations out of the country will ask what's driving them away? don't cash at the boat to find out why polish truck drivers are holding up traffic . that's a frontier with ukraine and business. as usual, we visit the ukranian c factory. that's trying to maintain production against the
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practice of law. is the data be a business owner was invalid and welcome to the program is paging. 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 pricing a particular risk. they're also looking to source materials elsewhere to be less dependent on the country on monday, trying to post this 1st of a course of the deficit and foreign direct investment as withdrawals and downsizing by foreign firms. outpaced best spending in i've 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 for and firms the welfare and the geo political challenge have taken really center stage.
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as far as all the policy makers and the defense political leaders are concerned. they are really preparing a 1st opportunity to show um, security to you for china as i have the secondly to protect china or from jill political uh, volunteer to, to say the least least as read that sense. i mean, it's really not surprising that job or the only chinese piece of this is in the household. i'm making that adjustment. 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,
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domestically in china, you know, government officials trust 1st and foremost of 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 a whole lot on national firms coming from the west. i'm dealing with a very different conte business context in china, especially when compared to your to, you know, the business environment in china 20 years ago or 10 years ago. it's interesting
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that the china is just pricing is 1st of a quarterly deficit in foreign direct investment from what you're saying you make it sound like that's not actually something that would consider engaging, particularly as well. they would like to have both of, you know, foreign businesses and following happened or to stay in china, especially given that job. the chinese still invested in economy. uh its, uh, it will slowing down to say the least. uh, they may even be a real recession. uh that is uh, being uh, uh, formed uh, so a year term. uh that they do. uh want you a cheap, the genomics uh, growth situation from lot going down any further because uh they also uh, increasing unemployment challenge. i especially off or they use uh some other things uh considered. uh they would like to they,
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they would like to acknowledge slowed down to, um, slow down. uh, some watch. uh, not the accelerated and not too much for that sense. uh, the outcomes that i saw, 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 offices show and on the official efforts in china. just in particular to make sure that this upcoming by then she meeting in san francisco and next week we're actually the conduct. it's 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 more friendly atmosphere. uh, at least off to you and included in next week after that meeting in san francisco. then uh, the story may be somewhat different. so 10 share of finance of the university of hong kong that and you can watch an extended version of that interview. if you go over to the dw news youtube channel, that's data we. com. sorry you tube dot com slash do the news. now, some of the other light isn't stories that are 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 a rebound in domestic consumption. you all have f ones, however, that the weakness and property in, in the properties accepted continue while demand from a broad may remain locked. less than the work is filed for bankruptcy in the us.
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the office sharing companies restructuring is vast. that's costing paused by rise and people working from home we work with once the us as most valuable stopped up with a peak valuation. maybe $50000000000.00. give us a space that is best quarterly. last since 2017 is based heavy costs associated with its rescue. a fellow swift banking job credit suisse. us law 795000000 your as joined 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 capacity of the previous month, which is as low as the level since august. 2020 is the 4 consecutive monthly draft of europe and 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,
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and one of them is playing out on the border with poet in 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 ukraine and truckers are getting increasing order from poland, leaving them at a disadvantage if 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, due crane and companies were allowed to enter the market without being subject to the same rules that apply to european firms. we indeed, the european union has been waiving the need for permits since the russians full scale invasion of ukraine. the polish government says it 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 the ukraine will take over public
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transport and then it will be germany's turn. so the bottom is, i mean, units. in fact, a menu craning and truck drivers to 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 graphics is that it never disputed. there are 2 sides and each side wants to get facilities better conditions and financial discounts i've seen. yeah, well that's fine. yeah. you with the i can pull this truckers on now preparing for a more extended location. if there is no solution, they intend to hold out at least until the end of the year. while it isn't just ukrainian 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
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produce despite the ongoing war is about 100 to allow me to sell. so if key of the small town put squeaky has so 5 in all most sped from the wall, it even has work and food to offer this by apps and produces seats for ukraine's agriculture. more than 100 employees. some of them highly qualified process. colin hybrids here despite the war production this maintains, in the event of any of the employees hunker down in bunk cuz sometimes for hours working hours they make up for by working overtime. and the fun, yes isn't 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 looking at the buyout
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of okay, e victoria and agricultural engineer comes one house on for 2 years, 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. the allusion 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 within. those include some leaving your company because of the war sales of seats. and ukraine has 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 exported to the you buy a roof, it leaps along 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
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federal government and that the conditions are attractive and it does. i would also like to see what financing opportunities exist for companies to make new investments right now to taking investments that could be destroyed by a russian. the strike protection could come in the shape of financial guarantees. and of course, in the shape of the anti aircraft, missiles, protection that would benefit the entire village. it's just time for reminder, there's the top business story that we're following for you. this our, the survey conducted by the, your pm central pine, suggestive a 40 percent of the multinational, trying to shift service. these operations to politically friendly of 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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does, the world's needs nuclear power more and more countries, all the best thing on that also for climate reasons, off of the international market is dominated by russia. how dangerous is this depends. atomic energy climates and russia. next on dw, janet entrepreneurs from nairobi, struggling to keep the businesses applying for somebody, a difference, somebody i could afford to spend most of the cost of living has gone so high that young man will be and have the side of the city is no longer going to break that has, so they're moving away from the, the tape, it may be cheaper to put 5, the 77 percent in 60 minutes on dw,
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the words people have to say that's why we listen to every weekend on w the, [000:00:00;00] the, we need to restart the great adventure of nuclear power in france, france is building 6 new nuclear reactors, maybe even 14 and the united states,
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the world's biggest producer of atomic energy,

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