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Transcripts For DW Business 20240713

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1. 00 and there south africa at just under half a trillion now in host country brazil the leader once described china as a predator a year on with a sluggish economy in mind he softening his tone as the president welcomes his chinese counterpart xi jinping the billboards however arent as welcoming freedom for hong kong china. And china brazil it would seem chinas growing influence on the continent isnt the easiest to sell to the public. And were joined by Carlos Dsouza hes the lead emerging market economist at Oxford Economics he focuses on latin america while carlos now give us a sense of the stakes here how important is china for latin america. So simon singh is growing more than for latin america but i think we need to understand the kind of relationship is very good and china have is very different from the kind of relationship in china with stan economies are in very different from relationships of china has advanced economies like here in the United States so what were looking at is that most of us in emerging economies are very export are. Going to be exporters so theyre dependent on exports in either things like oil or copper or or we call 0 products so that in the nation were looking at this from pictures but overall were looking at a kind of relationship in was in which china is buying all these drugs from that in america this is very different from the kind of relationship in europe of the us in which china access a manufacturing powerhouse in which the main point is important for the chinese to settle d this rose to the rest of the oil so anything in chinas perspective i think america is the source of all these wrong and cheerios and thats why it is theyre incredibly important for the long term for china to remain invested in us in america to get all of this new materials that china doesnt have in a song on the. Outside of very x. And portend to export partner for latin where america but were also seeing a wave of turmoil sweep across the continent and several countries its a time of political and economic instability what does that mean for Chinese Investment in latin america. You know when theyre waving a little terminal were seeing it as an america its very diverse it is coincide in time but there is a kind of storm or so were seeing for example in chile the protestant are still ongoing there over the last 3 weeks are mostly about very kind of quietly she lays actually in the most successful economy economy economy in latin america it has grown ways ask around our countries and has it is already quite at least also there is british out of it so its kind of a bit controversial why there is so much and such are in residence also one of the most inane well economists and that is in america and then the main commodity export of she led a scoffer and in that sense is incredibly important strategically for china we dont think while china doesnt have an extremely large investment and. An imitator whether private sector has a very r. C. Investments for analogously private investment and Chinese Investment maybe temporary in the terror but in the medium term and we think this is not as will fade away and should not affect the long term outlook there are other cases for example in ecuador and they were very bottom draws you know doris well are very different nature than steel in this case it was kind of like you are in bold and so seriously measures imposed by the government on anyone anyone in the domino thing anymore in a hassle like in their case or a sailor who involves an adult distance himself a bit from china after a very close relationship. With expresident i look at it in that case like were going to see perhaps a little bit of distancing from china and other wars but the fact that they call our exports a lot of oil makes a long term relationship absolutely into maintaining their you know case as we get it. Sorry we might have to leave it there but your insights have been very interesting thank you very much carlos leader emerging market economist at Oxford Economics. Said to build its 1st european car and battery factory on the outskirts of berlin. Long musk says he chose germany because of the countrys reputation as an engineering giant its cause somewhat of a sensation here amid the intense competition over who would get to host the premium electric car makers facility and at thousands of jobs in the region. The location couldnt have been more apt clutching his award for the tesla 3 elan musk broke the news. Good evening with the markets much to have you here weve decided to put it as they get a fair create your own area. The presenter was lost for words on the new factory will create 10000 new jobs but in senate if economics was swift to express her delight those who have vision come to berlin welcome tesla tesla already has a gig a factory in shanghai shown here its roughly the size of 120. 00 football pitches soon around half a 1000000 vehicles will roll out of here each year the complex took just 12 months to build a record the berlin plant will be a similar size it will specialize in the compact s. U. V. Model y. And producing lithium batteries the factory itself will be close to the citys long planned new airport referring to the now 11 year construction period for that musk tesla would certainly be stepping up the pace. For more were joined by harry hoster hes a professor at the university of line caster and an expert on Battery Technology why did just not really choose germany its worth noting that the right the engineering reputation has taken kind of a hit with the botched building of the airport with the diesel gate scandal so whats going on there. So i think theres 3 important points to be made here one is its so technically very clever too to have a foothold in the one of the largest automotive markets in europe which at the same time is host also many of the strongest automotive mass produces within europe and that will certainly help to to increase their share in the European Market as well as similar moves to help the German Companies extending their presence in the United States the 2nd point is there is a lot of embedded knowledge in the german common Factoring Industry about how to mess manufacture cars and this is exactly the thing tesla does not yet do a 3rd maybe at minor point is that Germany Office very a free access to the products from the Chemical Industry which are key ingredients to the battery chemistry no musk is all about big ambitious ideas hes been known to bite off more than he can chew should berlin be in any way concerned i dont think dylan will be concerned there was a bit off a vacuum of drops it was mentioned in your contribution before so all the other big places that educate brilliant engineers and scientists also have the big automotive players any of them have around noon extolled guard and all in the south and cars who would you have. B. M. W. Were taking all the Skilled Workforce similarly in the north. Whereas around billiton the workforce has really nowhere to go out of them to the local startup scene so its just a Perfect Place and it will help the overall ecosystem nothing to worry about thank you very much harvey hoster from the university of lancaster youre welcome. For the past several months a china has been grappling with an outbreak of african swine flu after the countrys pig herds have been wiped out the price of pork has surged as a result for a country that consumes more pork than any other the impact has been enormous. You might assume that searching pork prices would be good news for chinese butchers but for a time who young theyre nothing but a curse. Do you know. The price of pork has increased and there are certainly fewer people than eating it to be honest we dont want the prices to be high we sell more when the price is lower because the cost is high profits. China is both the worlds biggest producer and consumer of pork meaning the impact of the epidemic has been felt on International Markets producers in brazil us trade and europe are pedophiles just specially from the fall in chinese outposts. The decline has prompted several local governments in china to tap into the countrys frozen pork reserves the existence of which shows how essential the government considers the meat to be. With the crisis already lasting month though officials are coming under pressure to take further action to stabilise prices. Gloriana. The state Council Places high importance on the issue of the rights and pork prices and has a ready and acted a series of measures knew the census question these measures as well as the policies up to now appear to have had a positive impact that fashion. Did you this or you. But for a nation of pork lovers the prospect of having to either cut down on or for cry more for their favorite me may feel like anything but a positive impact. Starbucks will like this next story the world of biggest brands is opening in chicago this week the 4 Story Building is a fully functioning grocery as well as a cafe the coffee beans are sent the team floors through transparent customers will be able to sample rare coffees from around the world through various Brewing Methods itll employ around 200 people. And thats it for me and the d. W. Business thank you very much for watching. Opportunities for everyone regardless of ethnicity or appearance unfortunately for many migrants in germany that may be a distant dream. Many companies are trying to make their application process is more inclusive but does that really help against discrimination. Made in germany 30 minutes p. W. To know that 77 percent clapping are younger than 6 oclock. Thats me and me and you. Know what time all voices. Of the 77 percent talk about the issues. From politics to flash from housing boom boom boom town this is where. Welcome to the 77 percent. This weekend on g. W. Their health isnt calculable. Their egos in synch with. Their rivalry deadly. 3 princes. Who dream of being the arab world. Theyre there for power and boundless ambition has come to the middle east into a race crisis such. As the my book princes of the gulf states nov 27th on d w. A a. This is due to the news live from berlin taking the proceedings to the people the u. S. House of representatives opens his story public in pietschmann hearings against President Donald Trump in the biggest challenge yet to his presidency democrats want to prove he abused his office also coming up state of emergency venice the city of canal suffers its worst

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