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Transcripts For DW Business - News 20180226

Heres a look at a man who has turned the chinese car industry upside down. Its a rags to riches tale the son of a rice farmer genies found early shoe food is chinas tenth richest man according to Forbes Magazine the fifty four year old started out with a refrigerator pants factory in the one nine hundred eighty s. Back then though the sector was strictly state run inevitably also richies shut these factories down but by then lee had already made a small fortune and so he simply switched industries producing first motor bikes and then cars as lee himself said all you needed for a car were four wheels and two sofas an insight that for several years reflected the quality of his vehicles but just two decades later he was selling around one point two million cars a year in china making it the nations knowledge as to independent car maker in two thousand and ten lead bought up struggling automaker volvo from ford even floored money into the swedish plants and then with Great Success brought

Transcripts For DW Business - News 20180227

Shocked and its not the first time heres a look at a man who has turned the chinese car industry upside down. Its a rags to riches tale the son of a rice farmer genies found early shoe food is chinas tenth richest man according to Forbes Magazine the fifty four year old started out with a refrigerator pants factory in the one nine hundred eighty s. Back then though the sector was strictly state run inevitably also routines shut least factory down but by then lee had already made a small fortune and so he simply switched industries producing first motor bikes and then cars as lee himself said all you needed for a car were four wheels and two sofas an insight that for several years reflected the quality of his vehicles but just two decades later chile was selling around one point two million cars a year in china making it the nations knowledge is independent to come a car in two thousand and ten lead bought up struggling automaker volvo from ford he floored money into the swedish plants

Transcripts For DW DW News - News 20180226

Im sumi so whats going to thank you for joining us. Conservatives have voted overwhelmingly in favor of entering a Coalition Government with the center left the social democrats the s. P. D. Will announce the results of their vote taken among its members next week at earlier medical announced her picks for her new cabinet a most of the candidates are younger and there are more women. It has become a tradition at c. D. U. Conventions to applaud party leader and chancellor Angela Merkel after his speech as long as possible this time the delegates managed to clap for little more than four minutes considerably shorter than in recent weeks this reflects the growing dissatisfaction with merkels policy of the disappointing result of the last National Elections and shes aware of that thats the good news and this result is not at all but we were hoping for we all fought hard and we were all disappointed we need to do better the next time. Doesnt have any smoke you know this obstinate. But many

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