Flowed through china revealing how vulnerable Many Companies have become on the move new opportunities and new threats. The coronavirus has so far wiped 7 trillion dollars off wild stock since their record highs mid february the outbreak began in china which still has by far the most cases chinese factories dont just churn out cheap plastic exports anymore though they supply vital components to the tech sector Automobile Industry add pharmaceutical companies and the chinese are leaders in Artificial Intelligence and robotics so the partial shutdown of the chinese economy that was introduced to stem the virus is having a knock on effect for a colonies around the world. Its unprecedented i cant recall anything like it on our planet. In the call of yours if the coronavirus gathers speed and cripples more and more countries and in the worst case we could be facing a Global Economic situation like we had in 2008 and 9. Of us into the oppose it here were very optimistic we think it will be over in one or 2 months. Before by. Management consultant fun fun is currently pursuing Crisis Management she and her team advise 60 german firms that do business in china. Theyre much in demand right now because covert 19 is causing havoc fanfan is visiting a client in a small town in northern germany the Slaughter Group based in hires them its an Automotive Parts supplier that had to halt production at its facility near beijing for 2 weeks things are just starting up again but with precautions in place now. For our. People so. Far. Were back up to 50 or 70 percent capacity so far and we dont yet know when well reach 100 percent because we cant get the staff back into the factory yet. The drop in revenue and therefore the economic hit amounts to several 1000000 euros. Func found in her boss Michelle Bormann are looking for ways to soften the blow. If as to who would try to organize help for our clients as quickly as possible for example rent reductions or rebates or stretching repayment deals on bank loans. Is there again another problem is that demand within china has been collapsing and with it demand for goods from germany carmakers and parts suppliers here are suffering to. Automobile and car sales in the 1st 2 weeks of february in china were down 92 percent so you can imagine the impact on the industry its a disaster we dont yet know what the consequences will be us for exactly. The. International supply chains are collapsing or at risk you cant make a car if the gearbox isnt available. As 8 plants in europe have to offset the production hold in china. Not for much longer says the optimist fung fung. But c. E. O. York is not convinced. This is why its unprecedented i cant recall anything like it on our planet in my view when weve got through this and i hope we deal with it sensibly i think we shall have to think about what needs to change in the future. For example will there be calls to curtail International Business travel. Fun fun usually travels back and forth between germany and china spending 2 weeks at a time in each country. She has a team of 30 in china but for now she cant go and see her colleagues or her family. So she communicates with them online from her base in hamburg. Video calls are the order of the day to the companys offices in china poland bug area and spain. Me in with the right meaning. The corona Virus Outbreak may have started in china but its now become a global problem. Weve shipped a bunch of masks to our offices in china in spain and italy masks are running short. We have to review the situation every day and be prepared to react fast and do what has to be done was. Funk funk believes the tough measures imposed by the government in china have been effective. In order you know hobart is in germany and europe theres so much freedom. People dont wear face masks time. Its a different mentality and a way of life. Thats why the numbers are rising day by day they add yet in tough and. In any case the virus is threatening not just the health of individuals around the world but the health of the global economy. Well some historians say globalization started in china over 2000 years ago with the old silk road chinese luxury goods started appearing on markets as far away as road it also saw merchants and migrants on the move in more recent times a rush for Raw Materials as the movement of workers is nations trying to feed their hunger for Economic Growth by sending their nationals abroad to dig up other countries resources heres a quick look at how Labor Migration has developed from the ninetys seventys up until today. In the 1970 s. Large multinationals sent stuff abroad. They were tasked with up training Raw Materials for production back home or conquering markets in the main it was u. S. Companies that sent their employees overseas often to europe. Starting in 1990 companies became increasingly international they moved their production lines into regions with low labor costs the Parent Company sent employees all over the world and well trained workers from emerging economies were sought in europe and the u. S. In the past decade Trans National investments have risen. Complex production processes have emerged requiring Global Supply chains. Digitalisation has led to closer networking. And nowadays companies are competing for skilled workers from all over the world. And now the next Industrial Revolution is upon us factories run by robots machines that communicate with each other not only doing all the heavy lifting but also believing us of more mundane tasks in the workplace and the thing is the accelerating automation is said to eliminate millions of jobs optimists say itll create just as many new once a trade unionists a worked. Sauce for the stop the layoffs hands off our jobs were not going to let them steal our futures colleagues. Home months it says bad guy is ready to do battle times are getting hard for germanys union tens of thousands of auto workers jobs are under threat. And in 10 or 15 years the auto sector could change beyond recognition would you agree with that. 100 percent nothing is going to stay the same well have an entirely different Auto Industry just think of the digital automobile but also the entire complex of production Sustainable Production c o 2 free production theyll be so many extreme changes as much of a game changer as the switch from horses to motors and what will that mean. Vacillate between optimism worry and anger and angry because theres another wave of relocations abroad cost cutting programs and announcements about how many people will be fired and that all has nothing to do with the transition we can ensure sustainable mobility made in germany as an export champion instead they all look at how they can get it done for even less. Theres a paradigm change underway in the car industry as it stops making fossil fuel driven cars and converts to electric drive electric cars have fewer parts and more advanced technology automobiles are becoming mobile computers and robots are increasingly doing production work. Workers fear they could soon be replaced by machines because our industry is in the process of a structural transformation we cant prevent it. It was ation by the transition to a c o 2 free environmentally Friendly Technology and we dont want to either. Just as the what are people on the production line saying. Anyone who works on developing or assembling internal combustion engines right now is obviously very worried but someone who is involved in classical production line work assembling cars says whether a car has an electric or a fuel driven motor really doesnt matter. How do you turn a Diesel Engine developer into a software developer. We need something akin to a Literacy Campaign for digitalisation we have to know what we mean when were talking about ai you need to get a feel for it and building on that foundation you can train people inside half a year you can turn someone who understands a bit about digitalisation into a software developer. But its not hard to imagine someone whos perhaps an older worker who spent 20 or 30 years making combustion engines who suddenly confronted with having to deal with ai and having to undergo a complete rethink and start anew that would be a real problem for many people. We need a system that nurtures further training from the 1st day to the last in a company and that people are inducted according to their affinity for further training and for those whove got the kind of fear you just described and thats an awful lot of people we need very specialized programs for those people so change as an opportunity every technological transformation leads to something new entirely new occupations and Business Opportunities spring up but it has to be done properly. Thanks for joining us. This time the questions needed longer answers. Now to someone whos seize the opportunities of our globalized world an electrical engineer from india and go to a masters degree in the states and instead of gravitating towards Silicon Valley opted for germany it used to be almost impossible to get a job here is a migrant i can vouch for that but europes largest economy is suffering from a massive Skills Shortage and has loosened the rules. Electrical engineer ranjit brahman partly from india has chosen to work in a small town in southwestern germany. Is old and quaint and ranjit brahman partly lives here with his wife and their daughter. He works for her to electronic and particularly enjoys his time in the companys testing lab he went to graduate school and worked in the United States but eventually decided to cross the atlantic i definitely thought the u. S. Forces europe i i always compare 1st challenge i already thought was a language barrier but when i played for jobs it was it was not that hard if you have good skills also the Work Life Balance is better in europe i thought and there are also there are so Many Companies which are flexible. On operate throughout europe like were going to try to i mean even were even have an office in india. Components manufactured in asia such as visa inductors are delivered here brahman partly does Quality Control and also works on improving products. His daily routine is pretty flexible. He can decide when to work in the lab the store room and the office. As long as he gets his work done and delivers test results. The reason i chose to work here is that the freedom you get to work you can choose whatever part to reach that goal so thats what our manager and our company courageous and thats what i like to work with there are weekly meetings to discuss new products that electronic makes a whole range of components including transformers capacitors and. Lamps and its keen to hire top notch engineers from around the world i was going to thankful because its really hard to find really qualified people really not in a big city here its just in the middle of nowhere here and so i was going to think of that ranch at the point i want to come to. The small 35. 00. And then after austin reticent years or so impressed. And. I have a lot of experience from that i see many factories is much more experienced than me which is also important because i dont want to own people have less experience i actually want to be a better. Half the members of brahman pollies team a little ect hornick are from abroad. For him it was easy to get permission to come and work in germany he qualified for an e. U. Blue card is Office Skilled workers who are University Graduates from non e. U. States the right to work and stay in the european union. And a new law in germany the skilled immigration act even extends the definition of qualified professionals to include people without a University Degree but whove acquired certain for cation or training certificates. When you get this book out then you dont have any distractions so you can work for 4 years and then. You get this blue card is blue card so you can basically work in any part of europe under this program about 50000 skilled workers came to germany last year. Rounded brahman poly is considering moving to one of his companys other locations perhaps but then all bustle owner and says he hopes hell be able to take his plants with him. Many indians choose to move to the us or britain for work above all because of the english language germany is still struggling to attract highly qualified workers from abroad and as we heard in that report has now started making it even easier for non e. U. Citizens with softer skills to come here but that. New law was a long time in the making germany have been reluctant to see lots of foreigners settle here but the reality is different much of the german population has foreign roots where immigrants come from and how well do they fare. Migrants in germany the fact. Is germany the most popular european destination for immigrants yes it is one in 4 german residents has what austerities here and immigrant background that means at least one parent was born a foreigner how does germany rank internationally in terms of numbers of migrants in 2nd place behind the u. S. Traditional immigration countries like Canada Australia and switzerland all lag behind germany and most of the migrants refugees know in 2018 most migrants in germany came from romania poland and bug area the most common motive for the move better Economic Opportunities do they all find work you know of the roughly 2300000 unemployed in germany almost half have a migrant background their Unemployment Rate is twice as high as that of nonimmigrant why is that. The most common reason lack of gemini anguish skills the other reason is discrimination applicants with turkish and arabic names have a worse chance of landing a job candidates with the same skills but with german names have a much higher chance according to studies on migrants welcome in germany yes and no 52 percent of germans think there are too many migrants but 65 percent say that migration brings economic benefits. Is the term immigrant background problematic yes the definition is inconsistent in german statistics it generally includes 2nd generation immigrants in other countries such as britain and poland it is usually only foreign born that is 1st generation residents who were classified as migrant. Malaysians fast growing economy is attracting increasing numbers of migrants from neighboring countries but its not always their own choice to uproot themselves and leave their homes some of been driven out of their countries like the man in our next report that puts them in a position they come from an extremely traumatic situation only to end up in low qualified jobs living and working under appalling conditions. Concerned about the night as i was born in charge of fishing village in myanmar. With the in the approval of the. Home but it does seem there were people burning down our homes we ran outside in fear then we saw a fire engine coming which we thought would put out the blaze it might be mighty good as a. On the saving. Of. The mother with it but instead they sprayed petrol on the burning homes and just made the fire bigger i was forced to leave my home and myanmar without any idea of what to do or where to go. In the event. Odyssey began in 2014 along with thousands of other injure he fled the brutal military crackdown in his homeland to me and. He managed to get him self smuggled into malaysia it was a terrible journey many of his traveling companions died on the way. Gone we lost everything that our home our country our identity. And now were forced to squat on other peoples land that we dont even know. 60 years after fleeing his homeland city is still struggling to build a life in malaysia. His wife and children are sick the money he earns is barely enough for the family to survive on malaysia has not ratified the Geneva Convention on refugees means people like him have no status no rights and no protection. Its hard because i cant work illegally so i take our jobs and just try to get by. I have. But if i fall sick employers just fire me and then im out of a job again. Abu city excess immigrants are treated poorly even though they make up a key part of the workforce. The capital kuala lumpur has been undergoing a building boom for years malaysias economy relies on millions of low paid workers from poorer neighboring countries some are refugees others are economic migrants who come hoping for a better life. But all too often the reality once they arrive is very different thousands of them end up living in socalled consulates illegal shanty settlements that spring up next to major Building Sites here many unskilled day laborers from abroad risked their lives day in day out for a few 100. 00 a month. Entrepreneur made her son understands the difficulties i myself in my room and i keep the money in 2000. And student. After the events that were to come 2015 started to develop just have the main reason why i saw that the margin was not holding it she was suffering the dual life when they want to buy something the problem is that many of them cant pay for things all lined up to 4000000 migrants the thought to be living illegally in malaysia without residency papers or work permits that means they cant open a bank account. The basic idea in my kitchen is very simple we want. To bring the offload people to online the real not to bank reo marketplace really surely suppliers Insurance Companies dont cause airlines bostic of companies to sell their produce in the marketplace so all their dumb i really workers can buy and to us but at the moment its money transfers abroad that make up his core business the app cuts out the middlemen who take a big cut for themselves nearly 100000 migrants are now using my cash on line like has done most of them come from bangladesh. Private companies are jumping into the breach where the state has failed to act for years the government has been promising to clamp down on the exploitation of migrant workers. But still nothing has been done to introduce a minimum wage inches Safety Standards or provide information on workers rights. To refugee abu sidique has long since given up hope that things here will improve he wants to leave malaysia a soon as possible. A letter there im hoping we can research will in america i hear theres good medical care there i hope they can help my family god willing. Like many here dream would be to return to his homeland me and man but he struggles to believe that that will ever be possible. The challenges facing a globalized workforce that was our topic today are made dont forget the same your comments and join us again for another edition next week. Good. Because. You. Enter the conflict zone youre after you the lawyer your money goes on with no cars end in sight the 1st whos really trying to stop the fight just this week here in munich is the countrys foreign minister Mohammad Abdullah on how germans come to thousands of civilian casualties supposed to be enormous human suffering the full being from now for the for the conflict the 1st. 30 minutes upon d. W. Desperate people. Families overcome by fear and distrust dramatic pictures from the great turkish border. Once again refugees are caught between competing political interests. Seems the call of migrant crisis something quite. Christine. These people have lost all focus on your book. 90 minutes on d w love. To go beyond beyond the muscle to. The stories that matter to you. But whatever it takes a good long running knocks planes flew could look out detail the looks made for mines. A fuel with words. Where i come from you dont run away from a call from station. When i was 5 years old my father took me to his friends and i was hooked on the spokes of sports a few months soul enters your soul. Fencing as a language and a good source for it is a conversation. Must meet your opponent im stunned bethinking knew of the man to get close otherwise you cant score so. Its not unlike a tough interview really when interviewing politicians all corporate c. E. O. s you have to wait for the right moment you have to get around that defensive 1st then make your dog fit. Yes or take risks to get results. Ive got alphas and i work at g. W. Plague. And. Good. Play. This is deja vu news live from but lent tear gas and shots fired on the border between greece and turkey greek authorities use force to keep up a surge of migrants thousands of us still hoping to enter the e. U. After turkey allows them to cross the border also coming up turning the tide in the u. S. Former Vice President joe biden wins big