tv Business - News Deutsche Welle November 8, 2023 4:15am-4:30am CET
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your business updates, and remember there's more news, a dw, the comment on the social's x, instagram, youtube, the last, it's at dw news. i'm told me a lot of the interest, the global economy report, folio dw business be here's a closer look at the project. to analyze the flight for market dominance, get a step with dw business beyond news. 3 is the most powerful woman, little sister of the dictator. mysterious strategic. who is,
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can you tell me to say she represents a mixture of expectations and disappointment? the thing is, do you think it's the red princess stuff, november 25th on dw, the a. your pin exit is 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 $53.00. that's trying to maintain production against the backdrop of what is the data be business on robots? in but then what, welcome to the paragraphs this faith james,
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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 farm 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 to foreign firms . i was there and the geo political challenge have taken really center stage as far as all the policy makers and the different political leaders are
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concerned. they are really preparing a 1st opportunity to show all the security for china as i have the secondly to protect china or from jill political uh, volunteer to, to say the least, at least as read that sense. i mean, it's really not surprising that job. i'm the only chinese piece of this is in the household, i'm making 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 me uh more and more on friendly too far and 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 mastic private businesses on top of the following business. it started. so i got sense um the operational will basically see my rent home alternation or firms coming from the west. i'm dealing with a very different conte, a piece of this context in china, especially a way to compare to your to, you know, the business environment in china 20 years ago or 10 years ago. it's interesting that the china is just place it 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 forwarding 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, they may even be a real recession. uh that is uh being uh, uh, formed uh so a big deal term of that they do uh want you a cheap the comics uh growth situation from lot going down any further because uh they also are increasing unemployment challenge. i especially off or they use uh, some of the other things uh considered. uh they would like to they, they would like to acknowledge slowed down to, um, slow down some watch. uh,
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not the accelerated and not too much 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 offer you show in the office your efforts 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 i've gotten to be very difficult to, to really, uh, uh, be approved. uh,
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still at the moment i still want to uh, create a more friendly atmosphere at least off to you and included in next week after that meeting in san francisco than uh, the. busy the 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 to the w news, youtube channel that's data we. com. sorry do. tube dot com slash through the news now to some of the other light isn't stories that i'm 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 in property and in the properties x x would continue while demand from a broad may remain locked. lest the work is filed for bankruptcy in the us, the office sharing companies restructuring is vast. that's costing paused by rise
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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. fellows with banking, john credit suisse. us la 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 monthly draft of europe and union has made play. it's 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 them is playing out on the border with port or no way through. like here
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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 because they still dealt with that until now. all the price differences between polish and ukrainian transport companies were leveled by a permit system. and once the system was abandoned, due crane and companies were allowed to enter the new market without being subject to the same rules that apply to europe and firms. indeed, the european union has been waving 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 threat plus the loan. 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 transport and then it will be germany's terms of the problem is i mean units in
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fact, a menu cranium truck. driver's 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 gradually supplied and never disputed. there are 2 sides and each side wants to get facilities better conditions and financial discounts, seeing yeah, well that's fine. yeah. e 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. 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 continues to produce despite the ongoing war. it's about $100.00 to allow me to
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sell. so if key of the small town puts shriek, you have 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 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 implement. it must have been, you know, 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 buy a site in ukraine. but another way to buy out, okay, e victoria in 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. 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 within. those include some disney for me because of the war sale itself, 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 group of leaves long term in the side and ukraine and calls for support from the us politic with i would like to see investment guarantees expanded by the german federal government and that the conditions are attractive and it does. i would also
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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 european central bank suggested a 40 percent of the multinational, trying to shift that oversees operations to politically friendly of countries. and majority identified china as having an elevated, right? so from the end of business team here and balance of all have a c, w dot com slash business or the team, do we need to get your channels to the next time the
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pursuer. so i would love to set them up as moved to live bands do the same thing so they don't thoughts production without cutting down local mangrove for is a big change for us on the national park. and the people of the people is at the eco africa next on dw, the political interest rate for investor, they, they invest these. everyone here just wants to get into bitcoin. they are known as big, clean arrows, digital gold, diggers. investors from all over are moving to latin america in search of bit going treasure. nowhere is the crypto currency value is more highly than here. but for many, the frenzy ends in ruins. in 45 minutes on d w. we just got some hot tips for your package. the zip
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