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tv   Business - News  Deutsche Welle  November 28, 2023 4:45pm-5:00pm CET

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original from the 1st colbert. welcome to the program. china is trying to conquer the impact of western countries, reviewing and reducing their exposure to the world's 2nd largest economy. speaking at the 1st ever china international supply chain, expo premier li chung said that china oppose us what he called. the coupling event is basing slater's bid to attract for an investment which has fall into a story close. recently, over the past year, the united states and the european union have introducing their dependence on chinese suppliers and cutting off chinese firms from sectors deemed sensitive. let's have a listen to what the chinese premier lead, so have to say. well, i mean, going to go, we are willing to work with all countries to build a closer industrial chain. and supply chain partnership will deepen international cooperation with practical actions in what you want for more or less spring in
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guido khaki or professor of macro economics. at science gal and university in switzerland, rock come to dw, agreed on. so lead sharing says china one's closer, supply chain ties with all countries against the backdrop of the chinese economy and how it's doing. why does he say that now? spots? certainly the government is trying to revive economic growth in china, which is still going on, but still nothing, not to be set to be low capacity. one think part of the previous coffee programs, but also for the product, the crisis, which basically hits domestic demand and spread in security. so now the types of stimulated at the moment, uh, there are only advantages and extremely low inflation, which actually is on the verge of deflation. and with the minus the 0.2 percent a year in year and out. so i know so we growth, however it's uh, you know, so there is room for an over for expansion or any policies,
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but they need to increase the demand. since they're not, they're not, the domestic demand is not moving. they tried to activate for in demand. yeah. so china is the economy has been producing a somber data lately. how much of that can be attributed to western countries? re thinking they are china ties, but certainly you mentioned the f b i drop and clearly the foreign direct investment properties is a love deal on our attempt to friends showing rather than you know, off shoring. so because we know these jo, quality, good programs, and china has several of these also because the read some vigorous position with russia. so um now uh, foreign friends, especially from the west. uh, uh, wondering is it really worth while to invest in china. and so they're one of our friends there are show, we think all reassuring from china may be moving. that's where 2 companies like in
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. yeah. which are more, you know, friendly to the west. china ones, more foreign, direct investment at the same time. and lead sharing says that china opposes protectionism. what are we to make of that a visit? this is true to one extent, found the other sense that there are soft forms of protection. he's in take, for example, the opposite about systems in europe and in china. ok, and euro we, europe, that we tend to be leaving the single market without stages defense as much as possible. the china be heavily subsidized. they are friends. so this is a commercial system. and then we can say that production is in many ways in french, in the system. so you're applies to close an eye on china as practices are subsidizing their freedom. so also in the, in the electrical type, for example, or in the electric got industries. and this is the, and we can close the i only if we can count that they would not support the russia for example, which is way you were at our doors. guido costs the economist at st. gallon
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university. thank you for your time. ok. of the image or as the china as housing sector, and this economy as a whole has been the cash strapped property developer, a country garden, and exactly about his troubles stretched beyond china's borders. just take malaysia where it concerns growing that the country garden will abandon a major, unfinished building, project dw, get off my test reports. is this a green, futuristic metro pulse or a gold stone? literally built on send for city is located in jol hor, state and southern malaysia. so far it's a city without people a huge $100000000000.00 residential project was built entirely on an artificial island. just a stone's throw away from the expensive real estate market of neighboring single for games to house 700000 people by 2035. the 3
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cross the for preston. okay, click off the interior and don't mean close late in the other thing. okay. this malaysian pensioner who wants to be referred to as mr. limb is one of the few residents. he bought 2 units from chinese investors after the public learned that the private chinese developer behind forrest city country garden had run into financial difficulties. many 1st time buyers wanted to sell so far. the majority of the 28000 apartments that have been completed and for city have been sold. but hardly any of the owners have to move in. mister lamb is confident that this will change with the expansion of the city. give a 60 percent on by the front of that and 40 percent actually, i mean that the on, by the general. i mean that the local government, right, including the suzanne is not totally on my end to that. and so in that sense, that means that they feel that this one is still flying have potential. so it
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definitely needs to get well maintained. but the key with wilmington, wherever you go in for a city, you will come across the dozens of gardeners, but most apartments are empty and seem to be nothing more than an investment for buyers to your more residence to the island. and tie area has been declared judy free zone, but experts say this is not enough for city needs to attract people. one to lift. there is no people who are being this know the month plus a city fee. i maybe the know how much that you need on no shopping more, no retail within the city, then it should be as incomplete. we thought people look at night reveals the problem to stimulate more economic activities. the malaysian government announced a plan to create a special financials on in for city. this tower is reserved exclusively for companies generating jobs that the local population can be radically profit from. well fuzzies, google in asia for the it attracts the investment from other countries. less thing
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up all the time, the asian country wasn't there, not even the it would be a shame is the place has to close down and the me, i come here with the children and it's nice to play here and i would, i would not mind the real threats to the inhabitants of for city is not in this country garden, is currently among the world's most indebted developers. so far, only 15 percent of the a dream has been realized. much more investment is needed to keep it alive. and not to some of the other global business stories, and they can use chinese fast fashion dry and tin has confidentially filed the republic in the united states. according to our boards, the move wouldn't make it one of the most valuable china founded companies to list in new york. it remains unclear whether the fashioned giant has received clearance needs from china is authorities to go ahead with an offshore list. the version atlantic is slowing the 1st ever passenger jet, powered by
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a 100 percent sustainable evasion fuel from london to new york. the boeing 7 i 7 slide is a step towards a low carbon future for our lines, which are banking on fuel made from waste to reduce their emissions by up to 70 percent. and i'll try and travel is known as one of the most environmentally friendly ways to get around. in reality, that's not always the case. half of all trains in europe still run on these and electric trains are much more sustainable. but electrifying lines takes time and money and isn't always practical. so the solution? well, europe's 1st battery power train. the w is big mass reports. the future of european regional transport has arrived and it to the in tuscany, a battery power train is up and running. the blue stripe, it's the normative projects because it's the 1st the tribe trade in the world able
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to ride and on electrify section is a relative trade, but also as a diesel or about 338. and so you'd have to put on to spaced and pistol. yeah. in northern italy, michael sachi and his team, while behind the development supported by the company's headquarters in japan, almost 40 trains have already been sold. let's go out, let me the introduction of the, of the box 30 together with the diesel, was the somehow the executive technology use the just from the allowed to reduce the fuel consumption. the trading has a slightly higher upfront cost. lots, according to the top sheet that dislikes you to be accounted for during its life cycle. since it will say it's about 50 percent of fuel. about theresa charge during the journey, similar to the hybrid electric call, whether it's electrification on the trucks. overhead cables are used to the, at the moment a diesel engine is still necessary, but not so long. the in 2013,
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approximately 3000 new 3 and for about 3 or we, the n hybrid solution would be replaced on the market. so we have a dissolution of a hybrid the we are developing the solution and ready in more than one year. so we did before about 30 trains in rural areas like tuscany. there's literally overhead electrification. it's too expensive. it's the same old across europe. bergosa and derenzo is about an hour away from slower. most of the trains here, old and fighting. but for a few months, the new blues drive has been running here to the passengers noticed the difference and more dirty bad. so add to these trains, a very different memo, stables. you have a very good impression of the child. and then in fact off the my, the steps is trying to is more comfortable and it's always on tired. i've
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done some of the passengers have also noticed that the new tried is more environmentally friendly. just as autumn, staffing heavy floods in the region that were attributed to the climate emergency. we believe that in the medium term with about 3 is, are the best answer to the needs of a reduction of the pollution and the reduction of see what your competitors like. siemens and also experimenting with hydrogen technology. in any case, in your, the days of purely diesel power trains could soon be over. and the reps of our show for more check out our website at www dot. com slash business. i'm chris kolber and roland. thanks for watching and have a successful the on the
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data when the news life from the rescue teams in india free old faulty one. construction workers dropped inside of collapse mountain tunnel for more than 2 weeks. also on the program. israel on her mass expenditures as another group of hostages is free from gaza. more than 11 hostages released by having us on 9 excuse me, 11 hostages released by a mouse and are back in israel on the west bank. good crowds, welcome. 33 other states.

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