A quarter on quarter growth is actually performed better than an economist expected. So some experts say that its probably because on some student stimulation policies, a chinese golf manhattan pose, for example, like its trying to lower research requirements, an Interest Rates and support private sector growth. And oh, so theyre trying to regulate a real estate market. So all of these have kind of helped civilized turn us economy. And now the question is that how long this moment and it can last because theres still a lot of things that are on such and i so we can see like the Real Estate Industry in china still face that, that crisis in the although the mistakes demand is still quite weak in china, so going forward, we just need to, you know, see if this positive train can last for longer. As you turn, you mentioned real estate is on. I want to pick up on that again because the property sector in the country remains a huge concern. We all know about the huge crisis of ever around, but now another developer Country Garden is in trouble of whats going on. Yeah, so just as kate, a contract gotta is now facing a huge problem. So yesterday, a trophy in hong kong time, a lot of fun holders are telling media that they havent received the Interest Payment of one of our country guidance, publics all of bonds. So the clock is t k and we can say that uh, kindergarten has less than 12 hours to avoid a possible default, but exercising that is the, the fund really failed to pay. It will not be a surprise because its already one last week that you will not be able to me like oh, the future off shore payments obligations and set 10 for the company. So drops by more than 80 percent. And people are saying its not gonna look good for the Real Estate Industry in china because most of the cells of country got in that come from a lot of the cold 3rd and 4th, the cities. And if the price is brett, to be smaller cities, it means that china is pop, pop, putting market is in real trouble. This must be a huge source of concern for president s aging ping. He has been very busy hosting leaders from all over the world for the belt on the road for him in beijing. I know youve been keeping an eye on that event. What has to that to you so far . So chinese leaders in pain today gave a opening speech, and he is like emphasizing that his sense attends west and ask us about a couple a saying that if the will is on a good position turn, i will be the same to. And if china is good so well will be even better and his indicating that the well should and view the development of office as posters. So its kind of he like his is responding to, you know, us recent decision to tighten as chip export controls against china. And also another highlight is the relation between shooting pan putting, putting, causing p a. C, a friend, and praise the initiative on saying that it creates like a fair well, but experts pointing out that night of putting north, she mentioned major global issues including conflicts in ukraine. And gaza, so inside that trying to, you know, keep the focus strictly on economic and building road matters because they dont want such an important event. The pen pen, divide, you know, the complex going on into well, so a lot thing left on said there as well. You to lee. Thank you very much. And earlier i spoke to jacob gunter, a Senior Analyst at the market or institute for it. China studies. I asked him how the belt and wrote initiative, this mass of Global InfrastructureDevelopment Project has changed to chinas position in the world. And the past decade. Not only has the significantly changed, you know, china over this period, but its really had a Significant Impact in the world and looking at how the b r i is shape chinas relationship with a lot of individual countries. Um that effectively china is create. Ready an alternative to the traditional western sort of Partnership Model and for a lot of countries, thats that dep give some options that theyve previously didnt have a hi decide alternative look though in concrete terms, what sort of options do these countries actually have . Yeah, well unfortunately they dont have a ton of options because i would personally argue that the united states, europe, japan and others have not been doing as much as they need to do to offer real credible alternatives. And frankly, if, if youre, you know, part of the global south ends, youre trying to promise your voters in your constituents, you know, some sort of major infrastructure project. If you, you kind of Healthy Options between working with traditional western partners that might take 5 to 10 years for one of these projects to come together. And its incredibly complex. Whereas china is offering something that, you know, they show up with a one stop shop and they can do the entire project in a couple of years. And it boaters are happy, constituents are happy. And so even if you end up with something thats not as good as it could be more, maybe it has, you know, more negative environmental or labor impacts. And that should, um, if, if the options are between, you know, a and b, youre going to take be with china. And a lot of these complex i want to look a little bit more closely out some of these projects. So you mentioned innovation because when we think of by the belgian road, we generally tend to envision things like bridges and ports, big traditional infrastructure, but its a fact more than not as an s. Oh yes sir. It certainly is. Um for stuff uh that kind of a broadly under recognized aspect of the belts Road Initiative is energy. Um so the one area that has been pretty well covered is um china is contribution to a lot of cobra and power plants around the world. 3000 right. Initiative, but um, i think that a lot of the impact that received um from the, you know, the weathers transportation infrastructure, energy infrastructure. Its really about trying to use mostly say dont enterprises being able to kind of penetrate into markets and develop, you know, stronger training ties with those countries. But i suspect that moving forward, well see a lot more of kind of a digital and a green energy dimension. To the belt and red initiative, because not only are those areas where china is quite strong, its area, those are areas where Major Chinese companies qual way are running into more and more restrictions and a lot of the developed world. And so there will be a need to kind of be able to push, im trying to as tech capacity and the Telecom Digital space into these alternative markets. What do you say that they have restrictions from the west to actually play into china . Favor that and, and not sense. And i think they do to a certain degree, i think while way would probably be much more interested in, uh, you know, building out the, the american 5 g network or the japanese 5 g network. And they would, you know, some, some developing countries that maybe can build as extensive of, of networks um, just from a cost perspective. So i think if, if, if given the option um they would rather not have those restrictions. But those restrictions nonetheless, do have an impact beyond just the markets themselves that have those restrictions. And in this case, i expect anticipate that is going to, to really push what they call the digital. So road into a lot of the global south because thats where the export market is going to be for those companies. Jacob gunter from the market or institute for china studies there. And you can watch the entire interview with him on or did you have the News Youtube Channel now to some of the other Global Business stories, making news, german chemicals, company long slacks as to call the 870 jobs worldwide after seeing a big decline and profit the firm which has been hit hard by Higher Energy costs of calls on the government to step in to support the industry. More than half of the job losses will be in germany. The u. S. Is tightening export controls on causing as chips used in our special intelligence. The new measures are an update to existing rules imposed in october. Washington says the cards are intended to restrict chinas access to advance to critical for military and staying with chips tie when eve, tech die, and fox con on us hardware, tyson in video say theyve agreed to partner up with the aim of developing what they call a i factories the purpose of these high tech data centers would be to power next Generation Products such as electric cars, a sector in which china currently has the lead. Young people, it sounds like a Promising Partnership between people and companies. C, i to, i will, i had this idea about collaboration on the i. Factories will work together, but the icon operation between us chip maker in video and taiwan is fox con, is also notable for whos not included china. And thats just one day after us president by further a curb us tech imports to that country. Specifically banning the export them and videos advanced a items one of them. The cutting edge of g h 200 super ship will be used at the new taiwan facility for watching with the foundation. The essentially would develop the software for this car. Nope, this car would of course go through Life Experience extra like more data. The data would go to the factory. The factory would improve its a software and update the entire fleet. The u. S. And taiwan joining hands to improve autonomous driving and try to slow down china as advance in the auto sector. That wraps up i show for more you can always check out the w. Com slash business. Were on the dw, the tube channel as well from me and the entire team here in berlin. Its bye, take care. The i havent understanding the forest to say the people are trying to find this ecosystem man resource thing, again, trying to change and its working in 19 minutes. D w image is freedom of the online with young north koreans fled to south korea where they realize their dreams of becoming social media. 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He was President Joe Biden pushed for the concession during your visit to tell of the fight, and also urged as railey is not to be consumed with rage overhead losses. Terror attacks. The Palestinian Health authorities as an explosion at a hospital in gaza, killed nearly 500 people. Im off the flames and is really air strikes israel and the us say the evidence points for a rocket misfired by another palestinian group