December 2800. 00 china marked the 40th anniversary of its Economic Reform Program president xi jinping announce that the efforts would continue aging ago font that marriage is no tanks book fall reform and development you that joke of a no one is in a position to dictate so os walk we show door should not do you should shes done joe she you shes warning was almost certainly directed at us President Donald Trump who has criticized chinas trade policies since the day he took office they engage in relentless product dumping. Forced. Technology transfer. And the theft of intellectual property but those days are over. The United States has Just Announced tariffs on another 200000000000. 00 in chinese made goods for a total so far of 250000000000. 00 chinas market distortions. And the way they deal. Cannot be tolerated. The tensions between washington and beijing have put germany in a difficult position at the 21000 Munich Security Conference chancellor Angela Merkel to try to explain why china behaves the way it does. But this is actually nothing that when i go to china officials tell me we were the worlds leading economy for 1700 years until about 300 years ago. So we are simply returning to our rightful place in the world but you havent been aware of that for the past 300 years in that. In 2018 the german industrial for are celebrated its 180th anniversary with a big party in munich where its headquarters are located because my high is one of the worlds leading manufacturers of machinery for the production and processing of plastics and rubber the company has a rich and varied history. That costs money owners are not german the firm was acquired by a chinese conglomerate in 2016. The price tag of nearly 1000000000 euros. Ren gentian is the founder and chairman of kemp china the state owned company that bought cars modified this is not the 1st time that his corporation has taken over a foreign firm. Renda leaves that counts my file will help his company boost its share of the world market. Or do you do it yourself you already come across modifies turnover in china grew by more than 70 percent in 2017 compared to 2016. Close them off and they have created more jobs paid more taxes and lived up to their responsibilities as a respected Major Company this shows that our decision to acquire a stake in Krauss Maffei was the right one of them from a strategic standpoint that. Afterward represented a gift to function c. E. O. Of the cosmos i grew up a copy of a famous bronze statue that has become something of an emblem of china the flying horse of guns represents an ideal spin and i hope that cars muff i will continue to gallop along its successful course. From china. China is a state owned corporation that aims to be competitive in World Markets but they also realize that this is difficult to do without partners like in a tough country that has gotten colleague into the im sure that some of my coworkers were really worried but i figured it cant be worse than if the investors were from the u. S. Or elsewhere in north america i missed one convert that on. The main cause my 5 factory is currently located in the district of munich the company has changed hands several times over the past 2 decades during that period it was owned by 3 different north American Private equity firms they withdrew assets from the company even the grounds which cost much i then had to rent back a little investment was carried out. In 2012 the last owner bought counts my 5 for 568000000 euros and sold it for years later to ken china for 925000000. The company was founded in 838 and. Specialized in building railroad locomotives and later trolleys and buses. During world war 2 cars built Armored Vehicles and continued to do so until the Weapons Division was sold off in 1999. Since then the company has focused on its core business manufacturing machinery for plastics processing. Its list of clients includes auto makers the Packaging Industry and the medical sector. Chinese companies have been acquiring western technology and Distribution Networks through investments in other german businesses such as dutch a bank. And dimer the automaker does excellent business in china. The Strategic Thinking behind these investments became clear in 2016 when a chinese firm bought kuka one of the Worlds Largest producers of industrial robots for about 4500000000 euros it was a wake up call for the German Government which tried unsuccessfully to stop the deal. As far as any attention and the sale of kuka got their attention. To feel your pain china will soon overtake the u. S. As the Worlds Largest economy or in view so we can expect that there will be more of these acquisitions see if you meet a combs or chinas volume of investment in germany is about 3 times that of germany in china she looked at the course of us will be gathered dust you know appear to invest in is not true chinas image in the west has become more complicated. Because no one had thought that a communist country could achieve this level of Economic Development you. Just u. S. President trump has railed against what he calls unfair chinese trade practices and retaliated with terrorists somebody said its from fred this isnt my thread or this is a. Trade more of that chip taken place a long time ago by a lot of other president s so if somebody did break somebody had to do it. I am because somebody had to do it so hard to take you know in china ill take you know in china on trade and you know what were winning because were the piggyback were the one that all these countries that brought in the European Union wants to. Add takes advantage of the. German chancellor merkel visited president trying for the 1st time in march 2017 china had recently replaced the u. S. As germanys leading trading partner and trump was not happy about that. Nor did he appreciate the fact that merkel had praised his opponent in the 26000 election hillary clinton. Trumpet also sharply criticized the chancellors policy on refugees. At a White House Press conference relations between the 2 leaders appeared strained. Way to go. Right there in the United States or. Europe or. America put on a brave face its been you know its the Womens Council and in my capacity as chancellor im here to represent german interests president the president will of course represent american interests because we will do that during our discussions. And id be pleased to say that ive received a warm and friendly welcome here all not see him fung. The United States has been treated very very unfairly by many countries over the years and thats going to stop were a very powerful company a country where a very strong very strong country will soon be. At a level. That we perhaps have never been before our military is going to be strengthened its been depleted. The way comms at times right vaguely since the end of world war 2 the us has been the undisputed leader of the World Economy it was one to sign the americans designed the great institutions of that economy like the deputy o. The world bank and the i. M. F. And they played a big part in shaping the course of Economic Reforms its does but in the future theyll have to share that leading position with china. And the Business World as if he a mere hundreds comfort this is much more than a trade dispute and. Its a competition between systems its about its dominance its about influence and its about the future. Over the past 4 decades chinas communist led economy has made remarkable progress millions of people have been lifted out of poverty these developments have changed the western perception that only democratic states can develop a thriving economy. In december 2800. 00 chinas leaders gathered in beijing to mark the 40th anniversary of the start of the countrys Economic Reforms they sang the National Anthem which is called the march of the volunteers the anthem begins with the words arise you who refused to be slaves 40 years earlier chinas paramount leader Deng Xiaoping had taken the 1st steps towards the creation of a market economy some of the people who took part in that effort were honored here. But the project is still far from complete the government has set itself the goal of becoming the worlds leading economic power by 2049. Still president xi praised the results that have been achieved so. For. The mission which ensures there for the past 40 years we have improved the standard of living of our people through Economic Development we have brought 740000000 chinese out of poverty we have reduced poverty by 94 percent this is a miracle in the struggle against poverty. This is the city of shenzhen in Southern China population about 12000000. The Multinational TechnologyCompany Huawei has its headquarters here huawei is the worlds 3rd largest manufacturer of smart phones and is playing a key role in the development of 5 g. Technology the next generation of mobile networks. While way was founded in 1987 by renzo face a former military engineer. His life reflects not only the successes but also the difficulties that the peoples republic of china has experienced since its foundation. Or treaty or Tony Shalhoub emerged to prevent memory of my childhood is one of hunger and we never had enough to eat those with difficult years you go through dry cat dreaming that i would eat a loaf of bread and then another and another and dumplings to worship st john shot and every night before i fell asleep i think about eating street not about school or my future i just wanted to have a full stomach for once. Chance a good some more useful tools but. Rens parents worked as teachers in the southern chinese province of. Hes the oldest of 7 children. Here i dont care where you are. Mouser dont proclaim the creation of the peoples republic of china on october 1st 1949 after years of civil war and the conflict with japan. In 1958 mouse efforts to quickly transform chinas economy from one based on farming to one based on industry resulted in a famine that killed at least 18000000 people. In 1966 mile launched the cultural revolution to purge Chinese Society of capitalism and traditionalism. Cautious hope but. I didnt know what to do back them one can enjoy on the one hand i wanted to go out onto the street and demonstrate like the others get back to each subject here but at the same time so i was worried about my family solution we were in a very difficult position charged him generational of fortune or my father was arrested during the cultural revolution as an alleged capitalist is going to get noticed through work by the old fart has locked him up an account that. People used cowsheds as jailers for people they considered so class animals watching too for each week. In the 1960 s. Ren studied engineering at university he later joined the Peoples Liberation army as a specialist in information technology. Now saddam died on september 9th 1976 the way was now clear for some of the Party Leaders to start experimenting with economic reform. And old associate and sometime adversary of mouse and veteran communist party leader Deng Xiaoping soon emerged as chinas de facto leader he prevailed in the inner Party Conflicts and rehabilitated victims of the cultural revolution. Was good order the truce you know. This was a major turning point for china. In spades especially for the political elite. And you turn the desire to do quote after the cultural revolution from that almost lost hope for a lot bigger more because of the maoist oppression and revolutionary mobilization that it swept the country more video thats land china was on the verge of collapse and people were simply exhausted. Going to need to go. We were finally accepted his sons of china. The european judge then joe cain had said in a speech that we did indeed belong to the working class. We were delighted and thrilled to hear that he meant that we were no longer capitalist intellectuals but true members of the working class deeds of winter up here you are. Took a pragmatic approach to communist ideology and introduce what became known as the socialist market economy he said of a series of special Economic Zones to encourage investment by western companies. Summarized his policies by quoting a proverb it doesnt matter whether a cat is black or white it catches mice its a good cat. His reforms mark the rise of china in a kind of limited test of capitalism as an extended production site for the west. I dont want to marry a show when i came to shann zen in 1904 and i quickly realized that i simply could not deal with a new market economy system kids you know working in military production. John and had to switch to a market based system. I was still stuck in the past but it was difficult for me to understand why i should now try to make a profit on a large profit or that which. We should attract big ships you know us allies strong chinas achievement was not due exclusively to the efforts of the communist party. Of course it was brought about by a grand coalition of Chinese National communists and global capitalism under the leadership of deng shopping or to order the few and today almost all major western companies have a presence in china. And this is their own to name and to national. This is the facts about unplanned infoshop on one of the companys 4 new factories in china 600000 electric vehicles. To be built in the country every year. The w. Executives back in germany have decided to make a major investment in china because they believe that this is where the companys future will be decided. China accounts for 40 percent of the use worldwide sales another factor is the automation of production 5 gini or 5th Generation Technology allows machines to communicate with each other more quickly. That increases efficiency and cuts production costs. In germany relies heavily on the Chinese Market with its 1400000000 consumers and dynamic Economic Growth of china is a key player and International Trade activity but if you get into that market you can become dependent on it up and you think good german c. E. O. s are trying to figure out how they can improve sales without being too vulnerable to the political processes in this one market. And seeing moccasins or. That. When shanghai hosted the 1st China International import expo in 2018 germany was represented by 170 Different Companies china had become germanys most important trading partner in 2018 china exports 106000000000 euros worth of goods to germany and imported 93000000000. Nearly 1000000 jobs in germany depend on trade with china. So both countries are concerned about the ongoing trade dispute between beijing and washington. Theyre opposed to what they consider unilateralism and protectionism. Starting in the late 1980 s. German Companies Invested heavily in. China is the return on those investments was 25 percent more substantial than anywhere else and china is now buying a few choice german businesses. But investing in valuable Foreign Companies is just part of chinas strategy its also about dominance in global trade routes infrastructure and geopolitics. This container ship is on its way to the port of hamburg. The captain knows the route well hes been sailing between shanghai and hamburg for 20 years but during that time his cargo ships have grown ever larger. Tug boats are on hand to guide the ship called the libra on the last few kilometers of its journey. The ship is almost 400 meters long and 59 meters wide the elba river which flows through hamburg into the north sea isnt deep enough to handle such huge vessels. For example can carry more than 20000 containers. The port of hamburg has started dredging the river bed much of the cargo that arrives here comes from the far east almost 9000000. 00 containers are offloaded here every year and about a 3rd of them come from china. But hamburg is just a small part of a new chinese strategy that president xi jinping has been instrumental in pushing worldwide known as the belt and road or new silk road project it involves massive investment in infrastructure projects. Beijing has already convinced more than 60 countries to take part in this Initiative Many of them like the idea of being part of an expanded Global Trade Network expected to cost at least 1. 00 trillion dollars it includes overland corridors pipelines and shipping lanes. Part of the land network would extend from china through central asia and russia all the way to europe some european governments have expressed concern about the new silk road critics claim that china by making huge loans to some participating countries is attempting to gain economic or political influence. To some european politicians say the west needs its own International Development strategy. Needed