due to the epidemic control in many parts of china. at the same time, china is facing nomic headwinds, including the shrinking population of poverty sector, slow down their local government debt. it's a big challenge for the authorities to boost market confidence while maintain the 0 cov it strategy. we've been hearing about the concern there is outside of china about what impact it's measures could have on global trade exactly. what sort of effect could it have? well, china, us economy has been the main local motive of global growth in the last few years. and china is likely to remain the world's leading exporter for the near future, with strong external demand for things like consumer electronics, furniture, and other home comforts. but now millions of small and family owned private on businesses have crumbled. during the pandemic, we could expect renew disruption of supply chains. and the slowing chinese economy would certainly be a new hit to the global recovery. and if the slow down were to be serious enough, some experts worried

and china is tesla 2nd biggest market after the u. s. and mosque has worked to foster a close relationship. earlier i spoke with allison steward allen, she c e o of the consulting firm, international marketing partners. i asked about mosques, decision to open, and she and john and how risky was, here's what she said. it is risky. and so this is a person that is famous for taking big risks. the question is, is he flaring the law? ah, now technically no, because he could argue that he's not importing ah, components that will make their way back to the united states, which would then violate u. s. law. what he is doing, however, is retailing in china or so he will claim and therefore there's nothing wrong with retailing in the zip. jang profits. however, there is a problem if you using the components. the question really for corporate leaders is about trust and does what he's doing by opening his 200 and 11th show room in china. in this particular province, does this compromise people's trust in the tesla brand. at the same time, even the s

for china studies or merrick. thanks a lot for joining us on the to be your business. can you just explain to us why we are seeing more overseas companies investing in china? yeah, thanks for having me on. i think there are 3 main reasons why we're seeing this. the 1st is just from a basic portfolio perspective. companies are going to put money where they're seeing good recently and return this on their investment and trying to handling the pandemic. and how that allows trying to sort of, you know, remain economically quite strong overall compared to the rest of the world. meant from portfolio perspective, investment, mid cents. the 2nd is, as you alluded to, we've seen some steady increases and market access over the last few years. and companies are now able to take advantage of some of these areas like motor than chemicals and a few others. we've seen some steady increase in investment, but i think the 3rd and probably the most important reason is that companies are really looking to onshore their supply chains

in china. also warning that developing economies are facing the biggest economic risks the world phases many economic challenges as the pandemic end as its 3rd year, the international monetary fund has revised 2022 economic growth forecasts to 4.4 percent. how the percentage point lower than it previously forecast. last october supply disruptions are expected to weigh on economic activity and contribute to high inflation due to travel and mobility restrictions. amid the rapid spread of the only can vary and that only adds to concerns about rising prices. we're seeing inflation come up strongly in many countries. if, for instance, that leads to much more tight and monetary policy in the u. s. than that's being expected than that could tighten global financial conditions in china if there are more locked downs because of the 0 cov it strategy than that could lead to mo, global supply chain disruptions. so these are some of the risks that we're concerned about. while corona virus remains a major c

why we seeing that change from china? morning rob, i think china has several priorities here. the 1st one is, is, is energy security. it's an obsession with china as well as with most government. and how's that sound is a key part in the ensuring that china has enough oil and natural gas. one 5th of its natural gas comes from context on or through cars next on bad quantities, but all are coming through there. so they need as much stability as possible there . and i think another thing which change them is the fact that russia intervened. russia and china hubs, what you'd call it best, a fractious relationship, but at the moment it's a salo does. it's going to ever be on there. i think the fact that russia was able to intervene meant that china was able to be a bit more vocal and how it felt about what was going on there. and also, as it was mentioned in the word, the word in the report, the words color revolution can have a chilling effect in china because it's always afraid of a popular uprising over throwing power. so once overturning its government in china . so once you ha

so you have all the countries and japan, china, and korea that these 3 countries, japan, china, and korea also never had an agreement between themselves. so that's value addition of the agreement. yeah. and finally, i guess the countries that do have agreements amongst themselves, this is an opportunity to try and harmonize those rules, make them more coherent and get over the noodle, both effect nations big and small involved in this. i mean, you've got giants like china and india and the other winners and losers. though, among those countries, i think everyone will gain from the membership they know loses. as such, the gains will not be equal though. and a lot of concerned at china be the biggest when the, the expense of the others. that's not the case. i don't think that's true. china is already a major player. the incremental games will not be that great to china, japan, korea. in fact, the smaller countries, like cambodia, where i am or vietnam, allows can potentially be the largest winners if they use this opportunity to pursue the kinds of reforms that they need to do. they have to

fax, thoughts of cold leaving major clients like china's scrambling for supplies. we'll discuss the impact the world's biggest consumer electronics fair is back. we're in las vegas for a c. s. in the shadow of a pandemic. and your status in term, or we're here about the anger surrounding any you law. effectively bands many inks . this is date of your business on robots in berlin. welcome to the program. is the world's biggest exporter of thermo coal. but indonesia kicked off the year by announcing it was stopping supplies to overseas. the aim is to protect its own dwindling coal stockpile. indonesia, exported to some 400000000 tons. in 2020, it was the biggest overseas supply to china's powerhouse economy. now, 80 percent of the cold, indonesia exported last year. it went to just 5 countries. china actually accounted for almost half of it. india, philippines, malaysia, south korea made up the rest. but now and denise, his president, jekka with dodo says, coal mines are coal mines. as well as liquefied natural gas produces and need to prioritize, domestic supply and

we've all heard of the ever grand story that was the bigger stories in china or out of china last year, at least a business story. and then the 2nd reason was the fact that private consumption in china is weaker than expected in terms of recovery. so those are definitely issues that they're looking for. and those where the major reasons for the downgrades, for those 2 economies. so going back to developing markets and the i last says that these are particularly at risk urgent. you know, one name that always comes up when you're talking about the one ability of emerging market nations. what, what is really the problem for countries like argentina with argentina, specifically if we look at it, of course, it's one of the biggest stories where it comes to debt and credit and issues, paying back any loans that they have from the i m f with identity now we're talking about $40000000000.00 that it ols from its last economic aid program from the i, m. f. in 2018, and $700000000.00 is due on friday, a payment of the amount of $1000000.00. another payment of 370000000. dollars will be due on feb

china's big pandemic bounce back stores. the latest figures show the chinese economies growth slope dramatically during the course of 2020. while we'll look into why african swine fever continues to wreak havoc in europe and asia will look at the impact is having for shoppers in thailand. and taking the wind out of the sales of big energy. here how sammy heard it have defeated one of norway's biggest renewable project. this is due to be a business. i'm robots in berlin. welcome to the program. rising commodity prices, supply bottlenecks and power outages are slowing down china's economy. the latest g d. p figures show a nation whose pandemic bounce back has been put on hold. just take a look at the courtly figures for 2021 in q one. china recorded a massive 18.3 percent g d p growth. but as the year went on, as you can see here, that short saw a dramatic drop off and ending with the latest figures that we've just had. and that's 4 percent growth for q 4 in g d p for china. so what happened? well let's find out more from our

and it requires countries, it recognizes including lithuania to back, this one china policy. now one of europe, smallest member states, is experiencing the repercussions of its decision in the form of sanctions and blocked import. the european union says that's economic bullying, measures or threats to the integrity of that you single market, self exit interview, trade, you supply change and say hello, negative effect on you industry. this is why we are stepping forward to the front of you. you should rights now today we are bringing the case of the w tool. china's imports from lithuania have dropped by around 90 percent products like pharmaceuticals, lasers, electronics, and food are being blocked at the docks. brussels is also looking into claims that china has pressured other european companies to remove lithuanian commodities from their own supply chains. and they've started drafting new regulations, ones that would allow them to retaliate against foreign governments attempting to undermine europe's economy. now purch portugal has been a major destination for remote worke

that's why more than half of china surplus is in trade with the united states. china also increased exports to the european union and africa, both of which expanded more than 20 percent last year, while exports to latin america increased by 40 percent. but this spectacular growth may not continue this year. according to china's customs administration. grandma junior, while mom were facing increasing factors of uncertainty, instability, and unbalance in terms of trade and our economy is facing a 3 pronged challenge of contracting demand. supply, shock, and low expectation and the global pandemic remains severe, where the external environment has become increasingly uncertain. the momentum of international demand recovery is slowing down. china however, is not slowing down. the government's 5 year plan favor scientific research and advance manufacturing its economy as switch from making cheap product to producing robots, cars and airplanes, that the country aims to sell more overseas. in the years to come now let's look at some of the other global business stories making news. sam, thing in c

ah, china unit. com is lashing out of the u. s. f. c. c, saying a recent order to ban the company from operating in the u. s. has quote, no justifiable grounds on thursday. us revoked authorization for the for chinese unit come americas and ordered an end to domestic interstate and international telecom services. within 60 days, mcdonalds in malaysia has stopped selling large portions of fries due to supply chain problems. only small portions remain on the menu until 4 further notice. similar shortages were experienced recently in japan. mcdonalds, also hot of the sales of large fries in december. apple posted record sales and holiday quarter. the tech giant reporting almost $124000000000.00 in revenue as it benefited from high i phone sales and asia, especially in china for 2022. the company expects more revenue growth despite significant supply constraints or bred prices are serious business in france. rising cost were said to be $1.00 of the factors fueling the french revolution of $1789.00. now bread is, again, causing an uproar, tho

but what has the impact been on china? well, that's a question i put to our correspondence in taipei. so tongue ha, china is increasingly reliant on an indonesian thermal called due to its ongoing trade dispute with australia. in the 1st 11 month last year. it's imports increased 54 percent compare with the same period in 2020, and accounted for 74 percent of china's total imports. so we see china's call future surge on the 4th with the countries benchmark power called futures rising as much as 7.8 percent in the 1st trading day and not just the economy for many people in china. the situation reminds them off, the co shortage facing the country. last summer, people were unable to work normally, water and electricity were cut off in small areas. elevators was not running, which is the worst for many people. so the worries and fear come back again to wants the government in beijing doing to mitigate those worries. while chinese officials have said that indonesia, coal ban is manageable by urgent domestic minors to boost to p

sure and, and whatever grants about china, the china isn't a medical economy and it's going a long, long to get out of these problems. and especially with as long as it continues with cove it by then all that's doing is it's basically taking it's, it's work time is just increasing and is going to be going to be worth trying it for many years. or i try to analyze for his or how i thank you very much. well, speaking of economic transformation, germany's new government says 2022 marks the real beginning of its economies climate transformation. and want to berlin's biggest priorities is producing more electricity from renewables. they should account for 80 percent of all tricity by 2030. in fact, that will come cheap and minerals like copper nichol, cobalt and lithium, are all key elements of renewables, from wind turbine to solar panels and e car batteries. according to the international energy agency, annual copper demand is expected to double in the next 20 years. demand for nickel will more than triple for cobalt, more than 6 times the current demand and lithium. don't even talk abo

in china's big pandemic bounce back stoles. the latest figures show the chinese economy is growth. flo dramatically. during the course of 2021 will look into why and taking the winds out of the sales of big energy. here how sammy herders have defeated one of norway's biggest renewable project. i'm chelsea delaney in berlin. welcome to the w business. global job markets are under renewed pressure as code 19 continues to spread around the globe. that's the message from a new international labor organization forecast published monday. the human body says it no longer expects the labor market to fully recover to pretend to make levels in 2022. instead, it expects hours worked world wide to still be 2 percent below pre krona virus levels. this year that represents a pandemic related loss of 52000000 jobs. according to io estimates, a total of $207000000.00 people worldwide will be out of work. this year that is almost as many as the entire population of brazil labor markets have suffered in all parts of the world, but some regions a

now, china's current uptick in cases could prove even worse. right now there are 4 port cities that are under threat of lockdown. they're still running for there have already been delays to logistic centers because of tightened measures. experts at the p and institute for international economics, for example, say that china could actually end up broadening its measures if it's proven that it's sino farm. vaccines are not as sufficiently effective against the army con variant as they need them to be. so i've been speaking to our correspondent in tie pate on hand, so i asked him what told china's tough pandemic approach was already having on its own economy. well, china as a 0 tolerance approach, could lead to disappointing consumption growth this year. more serious economic damage more widespread day intervention and more disgruntled crowds. week domestic demand remains a major problem for china at the moment. according to official statistics, china's annual growth rate for consumption and investment both fell to single digits late last year, fr

for many years, or a china analyst, fraser. how i think you very much well, speaking of economic transformation, germany is no government says 2022 marks the real beginning of its economies. climate transformation. and one of berlin's biggest priorities is producing more electricity from renewables. they should account for 80 percent of all tricity by 2030. in fact, that will come cheap and minerals like copper nichol, cobalt and lithium, are all key elements of renewables, from wind turbines, to solar panels and e car batteries. according to the international energy agency, annual copper demand is expected to double in the next 20 years. demand for nichol will more than triple for co bought more than 6 times the current demand and lithium. don't even talk about it. a new german industry study says the search and demand will push prices up shortly by 2030. that of course would make the energy transition more expensive and it was slow down the entire process. now for more of this, i'm joined by lucas burke. he led that new repor

the recovery in china. well, rob, to start off, maybe we should look at, you know, there are positives here that we've seen car production group for the 1st time since april. we're seeing that industrial production grew strongly and to a certain extent helped to offset as a drop in retail sales. and they're also higher than that. the figures are higher than i had been expecting. but then again, looking towards the end of the year, we can really see that there are a lot of challenges facing the economy. the primary one is the course, alma kron. nobody knows what china 0 cobit policy is going to mean for how it deals with alma chrome because it's shown itself to be so infectious and we're seeing a lot of cases there. so that's really giving people lot of headaches. and then also we have the real estate issue which hasn't gone away. it's worth $55.00 trillion dollars, which is 4 times total gdp and china. so there's a lot of these headwinds that the economy is facing in to now. now we just seen the shape of th

the mozilla in china is 75 d w. in the battle against cove, it the only variant is putting healthcare systems around the world to test vaccination campaigns or accelerating while restrictions are intensifying. once again. but are these measures enough to stop the spread of omicron, fax data and reports? you know, weekly coven special. every thursday on d w. a global ideas is on its way to bring you more conservation. how do we make cities greener? how can we protect habitats? we can make a difference. global ideas, environmental series in global 3000 on d, w, and online several did in wide wing extremist women's rights were grasping again, weld might be a couple of late and burned in south africa. people with disabilities more likely to lose their jobs. in the pandemic black lives matter, shine a spotlight on racially motivated police violence, same sex marriage is being legalized in more and more countries. discrimination and inequality are part of everyday life. for many, we ask why? because life is diversity. to

the new year isn't looking to rosie for china. a real estate crisis, shortages of raw materials, energy bottlenecks, in the battle against the pandemic. together, they looked like problems that aren't going away any time soon. and that's likely to take its toll on economic growth early earlier. what good indeed. overall, china sustained a continuous and steady recovery in 2021. it maintained its leading position and growth and pandemic control in the world. major indicators reach their expected targets, but the external environment is less certain, and the economy faces the triple pressures of demand contraction supply shock and weakening expectations. that's why china's economic experts are aiming for growth of just over 5 percent for the current year. economic reforms and innovation could push that up a little. they're also planning to create 11000000 jobs in the cities. but in the medium term, china faces a problem coming to most industrialized countries, a plummeting birth rate, and fewer people likely means less growth. or fo

about start to 2022 for china's ever grand. the trouble with property developer has suspended trading and it shares on the hong kong stock exchange. company is heavily indebted with more than $300000000000.00 in liabilities. that includes nearly $20000000000.00 of international market bombs that are deemed to be in default after the developer missed payments. the suspension of its shares closely follows reports. every grant has been ordered to demolish 39 residential buildings in the chinese resort of high nan. because they were built illegally let's get more on this from our correspondent in beijing, fabia crash. net, thanks for joining us. far beyond, you actually know why ever grant has suspended trading. and it says in hong kong where there was no official explanation given. and we have to wait for more on that, but the news eci doesn't come as a big surprise at least not if you followed the recent developments of ever grant just this tuesday. i am the company is supposed to have mr. ab payment deadline of for $250000000.00

for example, from china, the 2nd largest economy on the planet. wiggins, you mentioned that there, why is opec plus wire oil producers in general having such a hard time just pumping more oil? well, i mean if you look at the united states, what has been the biggest oil producer on the planet in the past couple of years? a lot depends. for example, on the permian basin, that's where the sale production is taking place here in the united states, especially early on in 2020, when the pen demik started, oil prices plunged. and so a lot of companies actually decided to take down those sale for production. and it does not work like a light switch where you can switch it on or off to take time and investments to get production going again. and then we have those geopolitical tensions. pardon you, for example, in africa while open plots is not meeting their production a quote us at this point. yes, credit quarter, new york, thanks so much now the european union says it's time for the likes of facebook and google to face more scrutiny here. the european parliament has now agreed to a proposal t

we have every confidence in the future of china, us economy. she's all the spite that up eat assessment from president g. chinese growth slowed considerably over the course of 2021 coming in at an annual rate of just 4 percent and the final quarter. and there are few signs of improvement ahead the new year isn't looking to rosie for china. a real estate crisis, shortages of raw materials, energy bottlenecks, and the battle against the pandemic. together, they look like problems that aren't going away any time soon. and that's likely to take its toll on economic growth early earlier will go to india. overall, china sustained a continuous and steady recovery in 2021. it maintained its leading position and growth and pandemic control in the world. we are major indicators reached their expected targets, but the external environment is less certain. and the economy faces the triple pressures of demand contraction supply, shock and weakening expectations. that's why china's economic experts are aiming for growth of just over 5 percent for the current

and then going after the world's largest to we'll a market, india, china and indonesia is what we're focused on for. the next phase. are taking really all the lessons learned and all the capability and all the technology that we have developed in taiwan. and then going into those large markets to make an impact go. the ro is now looking at a nasdaq listing in the 1st quarter of 2020 to the new business is expected to be valued at over $2000000000.00. not bad for 2 wheels. now, french champagne sales rebounded last year despite many restaurants being closed due to corona virus restrictions, the producers federation says 322000000 bottles were sold in 2021 and that more people are drinking champagne at home. sales were up with in france and abroad, so much in fact that don perry on in mo, at and shand and saw shortages. and that's all for me and the team here in berlin. thanks so much and see you next time into the conflict zone with sebastian when it comes to the nuclear talks between iran and the international community. no country is watching as closely as israel. this we come pick

so what now can germany find a new way of dealing with china? next on d, w, these places in europe or smashing all the records slip into a bold adventure. it's the treasure map for modern globetrotters. discover some of you to record breaking sites on google maps. you too and know also in book form .

take care is germany addicted to china. d, w. richard walker, explorers, germany's china dilemma at the dawn of a new political era. there's meant to be a new strategy. but the so called a traffic like coalition is divided. the u. s. and other allies want germany to be much tougher. so what now can germany find a new way of dealing with china? on d w? oh, under pressure. so by these 1st year in america, good is back. now he being evaluated against his promises. what has he been able to accomplish so far? how do americans feel about him today? an unflinching analysis of a still deeply divided country. that's not america with 45 minutes on d, w. o. every day counts for us and for our planet. global ideas is on its way to bring you more conservation. how do we make cities, reader, how can we protect habitat, what to do with them all our ways? we can make a difference by choosing smart news solutions. overstaying said in our ways global ideas. the environmental series in global 3000 on d, w, and online.