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tv   Business  Deutsche Welle  March 6, 2025 2:15pm-2:31pm CET

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some us leaders, these threatened further destruction in gaza if all remaining hostages failed are not really up next it's business discussing whether that you think of people with china is rail plans. i'm terry morris. the thoughts we say they're about never getting up every weekend on d w. hello guys. this is the 77 percent of the platform for the issues page share idea. you know, on this channel we're not afraid to pass. and then he did talk to the young people
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clearly have the solution, the future of the 77 percent. every weekend on dw, the in serbia, the consequences of chinese influence in the balkans now clearer than ever a surge of violence following the dads of 15 people killed when a train station wall suddenly collapsed. that station just one part of a larger chinese project stretching across the balkans and deeper into europe. a series of real connections known as cord or 10 at the pathway for chinese exports with big showcase projects along the way. and more in the works are
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now europe is racing to keep up pushing to complete a different route from albania, to the coast of the black sea, the growing priority at a time before the end, with consequences for the regions economy. the, we're taking a trip to see it firsthand to weeks across the balkans. the along the way, we'll look at how big rail projects are conducting a region as well as the bumps along the way. we'll see where things appear to be working quite a pleasant journey and we'll look at where they threaten to break down the rail and the future of the balkans coming up to see just how divisive rail can become. we're heading north into neighboring serbia
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along the path of quarter or 10. again, that's the route coming from the chinese own port in greece. and already we see chinese containers moving up gradually from the south. as we drive, it's a build rate. chinese financing has stored in serbia over the past decade. experts say this non e u country is almost 4000000000 euros in debt to china for a population of less than 7000000 people. so why is china such a popular partner? deeper too much a door, the efficiency that comes between dealing with a chinese they want to have results fast because in addition to combining benefits, that's a transportation communication provides. it also provides an opportunity for political leaders to showcase themselves as appropriate as a provider. so if we cannot meet development, serbia is already bidding big on the future, build up of chinese goods coming out of greece, like this newly renovated container terminal and build rate. but not everything is
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going according to plan. we're actually waiting on this tree down here to come and be offloaded. but one of the wagon slipped the track and the cargo director told us that while at the realm it doesn't happen here every day. it does point to a problem with the overall rail system in serbia. many of the tracks are still quite old and they desperately need refurbishment. other things are meanwhile being improved. this is billed rates, new central train station. it opens in 2023. in this case with credit from q weight, and it's the departure point for the 1st stretch of the country's new high speed rail line. the 1st leg from build rate to no be sought opened in 2022 2nd stretch to the city of supports. at the board with hungry was due to open in late 2024 hour tickets from billed rate, and nobody saw it costs us about 6 years each. the journey is roughly 30 minutes by
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car. it's more than an hour. this is a showcase project for china and part of its belts and road initiative. it's massive effort to build up infrastructure around the world. china has built almost 30000 miles of highs be trained at home and wants to show it can do it in europe. we're traveling about 200 kilometers an hour right now. the train is decently filled for a tuesday morning and it's quite a pleasant journey. but there's already a dark spot on the still young rail line. and it's here at no be side where a wall at the recently refurbish train station suddenly collapsed. it's unclear who exactly was responsible. a chinese construction firm was in charge of the project. the local firms were also involved, or 15 people were killed. among them,
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children behind me is where this accident happened. you can see part of the facade ripped away, when essentially a concrete overhang suddenly gave way and crashed down to the people waiting below . many of them simply waiting for a city bus to come by the after the shot came the questions. and when the answers didn't come, then there was anger. the protesters have marched through the streets of nobody saw it, and build rate students have stopped going to classes and block traffic all are demanding resignations, all pushing for more accountability protests or say the government has blood on its hands. the secret contracts around the station work have left even the most basic questions unanswered. the
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continue, this is up to mom and you put the money on this list if you will do it. it's not that i'm signed. the documented this will be the least pay, almost have to go all that on the wall that i'm just looking at. the document. the protests of only grown and recent months. tapping into a larger frustration with the lack of transparency and the heavy handedness of the government at present. alexander footage. i'll accept that. yeah, he's good argue you press for food because i supposed to be 92.4. i stock operating saga city bank, you know, a sell out of all the processes that needs a fee, not what i need to guide you into was you not state or? yeah, we do. we ask the serbian government for comments, but received no response. the protests have become so widespread that the government pushed back the opening of the final stretch of high speed rail. what was supposed to be a political win is instead of liability. we're driving now in hungry where they're
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still working on their section of that high speed rail line coming from build rate . and what we talked about in serbia with the relationship to china and chinese investment. the same applies here in hungry is not even more so. talk to gets it and hungry really set the standard for its relationship with chinese. one second is just across the serbian border. it's one of 100 largest cities and it's an industrial center. the country's politics are already visible here. and so i got the message of this billboard is obvious, hungry is on the way up. that's the government's view, at least. meanwhile, the e u. of which hungry is a member, has become a target like this, that was also the funded line. and to alex soros, that's the son of finance here at george soros. but the hon. gary and economy is actually struggling in budapest. so at odds with brussels,
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that is now receiving less you funding, which makes it more reliant on other sources. last year, budapest quietly took out a 1000000000 euro loan from china. hungry is largest ever for and credit and it's become more reliance on investments like this one chinese car, baker, b y, d we head out to the construction site in the master field outside 2nd. and run into some difficulties. finally we make it b, y d is 300 hector mega project just across the way it should pop out 200000 electric cars annually. once completed, that means the company will be able to get around new european import tools on chinese, electric vehicles. electric cars that have china are a controversial topic in the u, but here and hungry,
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they fit perfectly to the strategy political strategy. and so the economics strategy, the victor autobahn and his allies have developed here for quite some time. if you think china's new high speed line runs through 2nd, however, you'd be mistaken. instead, it runs in a straight line from a serbian border more direct route that locals assume was preferred by chinese planners. this is the largest city on the line before budapest gonzales, population 26000 local say they're pleased to be receiving a renovated train station as of that, that village that they have that made the you actually disperses funds to help regents like this one in member countries such as hungry, but again, that's money. the brussels is now holding back. what exactly the
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country is supposed to get out of its mass of frail project isn't clear. even from here, the capital budapest, most domestic media don't get into the costs of the project versus its benefits. and that's why we're meeting up with an independent journalist, blankets all the works for a fact checking portal. it's been looking into the details around the project. and to exactly benefits from the new line we are relying on on experts the on, uh, on chinese relations, for example, economic experts, journalists were trying to, to calculate the rate of return on investment. what we need to know is that according to to the optimistic calculations, the return on investment can be expected at like 130 years. but they're even like more pessimistic calculations taking that it would take 2000 years to actually have a return on investment. a container terminal in budapest,
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the final stop from greece and a spring board deeper into europe. china is only deepening its role in hungary. meanwhile, just recently has extend rail and a chinese construction firm announced a new terminal on a port in the w. and this is where our story also comes to an end for our journey. this is the end of the lot. but we've seen a lot over the past 2 weeks. the europe in china are in a fight for influence across the balkans and didn't hungry. and that competition is visible into major rail projects. we've seen that in albania, in north macedonia, real represents a greater connection to the you, but also to european markets. tiny support is meanwhile important and hungry. and serbia, for governments are eager to set themselves apart from the you. but when something goes wrong, as it has in serbia, the same projects can embody the broader frustrations of
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a corruption and lack of transparency in both those countries as well. our journey is here, the story continues. how will these major real projects continue to influence a region like this? and the direction that it takes? will the e u and trying to continue to battle for spheres of influence in the balkans and in countries like hungry. it's something that will continue to watch and continue to show you guys. thanks for watching the the lady's clothes at the london veteran car run, which on is the found is up to you guys says female or some of the oaks in $19.00
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oh $2.00 as the baby. oh yeah. so i was just waiting, allowed to drive to hall. if i didn't get the bales until going the teen. oh, cars was built before. 19 o. 5 for the joyce's. i'm guessing younger every year. the next on d, w being white wing is not like an extraordinary thing, is actually just being normal, especially to defend our already them to the sort of germany gets back on track. why the guns europeans increasingly by to writing policy. we says out across europe to find the focus on you remember in 60 minutes on d, w, living planet, d, w, podcast. how to make greater choices in your everyday lives. but honestly,
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try to do the working 32 hours a week to be better for the assignments and 40. but of course we shouldn't be 90 the. the living scientists just had subscribe. whatever you listen to had costs the in 2021. gotcha. shook up the email ability market with its patched back the spring electric, as well under 20000 bureaus. the romanian comic are offered a complete package. no other manufacturer in europe could match no touch. it has unveiled a new version of the fully electric spring.

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