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tv   Business - News  Deutsche Welle  November 8, 2023 12:15am-12:31am CET

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5 guys, us cities, video has also signal that is 20 minutes each remaining guys, after it eliminates from us the call that is also now rob of what is up next for the business news. including a look at whether china is driving away european business. of course, as money goes on, dw dot com and i was social like x, instagram, and youtube. i am totally illogical. company the sometimes to rush out, i choose out to the highlight for every week, not the model. it'd be for me this coin is great for investing the invest these little everyone here just wants to get into big old quite a bit, coins digital gold and we want it to stay here in central and south america. they known as between arrows, digital, gold, diggers. investors from all live, uh,
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moving to us in america and such a big coin. treasure. no way is the cryptic currency valued more highly than here. but for many, the frenzy ends in ruins. we were promised high speed rail, but so far there is no sign of this going in less than america starts november 8th on dw, the, your pin exit us from china. research suggests many here in multinational, considering shifting operations out of the country will ask what's driving them away, blockage at the board to find out why polish truck drivers are holding up traffic as a frontier with ukraine. and business as usual, we visit the ukranian c factory that's trying to maintain production against the buy. so this the data be
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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 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 deficit and foreign direct investment has withdrawals, and downsizing by farm times outpaced best spending age. but i've been discussing this with with 10 who is chat of finance at the university of hong kong . i asked him whether china is becoming an increasingly hostile environment. the foreign firms, the welfare and geo political challenge, have taken really center stage as far as all the policy makers and the defense
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political leaders are concerned. they are really preparing for some halter unusual security to you for china as i have the secondly to protect china from geo political uh, volunteer to, to say the least at 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 on 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 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 doing business in china than they would 1st uh you know pick i trust. uh, they told messic private businesses on top of the following business. it started so i dont sense um the operational will basically see my rent home all time national firms coming from the west. uh deal with a very different uh con business context. uh, in china, especially when compared to uh and 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 price. it 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 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 economy. uh, its uh, it will 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, you know, term uh that they do. uh, want you a cheap the turn, omics uh, growth situation from lot going down any further because uh they also are increasing unemployment challenge, especially for the use of 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. so in 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 . but i really been, um, uh, improved uh through various office show in office your efforts uh, in trying to adjust in particular to make sure that this i'll come in uh by then she needs in the san francisco next week. uh, were actually be uh, 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, to really uh, uh,
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be approved. uh, still at the moment i still want to uh, create a more friendly atmosphere uh, at least off to you and even for the next week after that meeting in san francisco than uh, the. busy oh, you may be somewhat different. so 10 share of finance out of the university of hong kong that and you can watch an extended version of that interview. if you go over to dw news, youtube channel that's data we. com. sorry you tube dot com slash dw news now to some of the other type of business stories that are making the news. international monetary fund, this upgrade is 2023 economic growth forecasts 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 in property and in the properties accepted continue while demand from a broad may remain lock plus the paperwork is filed for bankruptcy in the us. the
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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 1st quarterly last 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 decrease by 1.4 percent capacity the previous month reaching is the lowest level since august. 20. 20 is the 4 consecutive monthly drums of europe and union has made clear support for ukraine and as well with russia. however, that doesn't mean that on points of tension between u member states, and that is the neva many if there is all related to economics concerns. and one of
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them is playing out on the board with part or 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. they still dealt with the on till 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 new market without being subject to the same rules that apply to europe and firms 20. indeed, the european union has been waiving the need for permits since the russians full scale invasion of ukraine. the polish government says have can do anything about it . meanwhile, increasing numbers of pull this truck or say their work is under 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
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transport and then it will be germany's turn. so the bottom is, i mean, units. in fact, the menu crania 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 things that it never disputed. there are 2 sides and each side wants to get facilities better conditions and financial discounts. seeing yeah, well that's sonya e with the 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 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
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continues to produce despite the ongoing war is about $100.00 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 over time. and the notice 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 euros to increase production capacities at the bias site in ukraine,
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looking at the biological k, e. victoria and agricultural engineer comes one house on for 2 years, 3 lived another russian occupation until she was able to escape. she felt work in the laboratory, a jump made possible by the plant investments. me the should 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 leaving you 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 60 percent of the seats produce to you. i exported to the you by a group the leaves long term in the side and ukraine and calls for support or from the political what i would like to see. and this then guarantees expanded by the
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german federal government and that the conditions are attractive and 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 costs, and 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 european central bank suggested 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 them all as i was at the w dot com slash business or the thing to be news channels to the next time, the
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lots and lots of children to, to fuse the wells population is growing at on the balanced rates. in some places it seems nation press and was hoping to present the logo on d. w. new equipment to find the climate crisis. agricultural machinery is being restored by the manufacturer. machine to protect soil and health to water. the designs of going down well with the farmers and generating records process full that produce made in germany in 60 minutes on d. w. well,
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the in progress of pop calls to everyone who wants to know more about this topic that concern us about this story is beyond the headline world in progress. the w postcard the there are 3 things really in, in the most of the best, the steps and migrate. more and more old folks and more and more younger ones to we have a problem. how can we solve the lights and all of the the will population hit 8000000000. that is 1000000000 more
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people on the.

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