tv Business Deutsche Welle June 20, 2019 8:15pm-8:31pm CEST
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farm where. there's a small boy he dreamed of the stars. as a journalist to see anything no matter how to. choose to go to the. business toronto he took part in the greatest adventure in history. new armstrong was his destiny starts july 20th d.w. . china is a strengthening business ties with africa i didn't invest a conference and got us campuses across come time when deals are being made boss critics say china's influence on the continent is getting i'm comes to being be. all sold for years off the devastating terror attacks on beach results that left
dozens of foreign visitors dead. tourists are coming back to tunisia. this is a business africa. has welcomed china wants to deepen its business presence in africa and establish itself as the largest trading partner of the continent last year alone trade between china and african countries stood over a little over 200000000000 u.s. dollars with china benefiting the most of the country is now setting up trading platforms and events to further strengthen its ties with african economies one such event is taking place in ghana this week china's search from almost nowhere to become ghana's top trading partner with bilateral trade at $6700000000.00 u.s. dollars in 2070. this week in ghana's capital accra is hosting a major trade forum focusing on china and africa the china trade week will bring together over $500.00 african and chinese businesses thousands of visitors
a set to attend. china's main priority is to deepen its trade relations the african continent has become one of its major business partners. ghana is currently china's 7th largest african trading partner in 2018 alone bilateral trade between the 2 countries reached $7250000000.00 us dollars and the running trade tensions between china and the us have helped to shift africa ever further into the limelight. the business we have a conflict with europe. or whatever but are we africa we do business because we were just. so. so we have no problem. last year ghana sold almost 2 and a half $1000000000.00 worth of goods to the chinese market and officials hope to
boost this in future. we need to identify new markets for us given the size of china and what we're currently doing we. did have the markets within the. china you know africa definitely also provides a market for you know some products and. witnesses to how far china has come and it's now the month. of the world literally turn that something on a and businesses and determined to make use of. our 1st moment. conference an acrostic china's increasing presence in africa has also been much criticized most of the projects that are chinese built with chinese labor and materials have you come across criticism that conference. there have been criticisms of this
conference have. largely focused know some of the issues you've raised but also on the quality of some of the products from china especially products that are produced locally so we're talking about pirated products for example in ghana and i've been concerns about a textile industry so they have been concerns about these and the quality of these products and also some chinese companies in some of these countries for example in the mining industry and lands have been destroyed environment have been destroyed because china really is just mining their natural resources desk by these criticisms and many other people here the feedback is that they think that china is a powerful force in their wallet and so didn't need to really trade with them because their advantage is also for them african economies if we're talking about ghana itself will it benefit or is there a price to pay dependence on china's market and credit. yeah there are benefits for the gun you know official say tell me that they are willing and
you want to really do. export portfolio to china because the market is huge and they want to take advantage of that to grow the economy because china is the leading. direct investment a country in ghana when it comes to products or put it out of taking place in the country which means that china has become an important country for ghana in growing this economy so there are advantages for them they tell me. i circulate see in thank you very much. thank you the ministry in tunisia was devastated by a terror attack in 2015 which left dozens of foreign visitors. many tourists switched to safer european destinations but now tourists coming back to dynegy. come back as a holiday destination is gaining momentum memories of the appalling attacks have
faded the political situation appears stable and the appeal of sun and sand is undiminished it's also a good value destination for a holiday compared to european or asian resorts and travelers get there quickly from europe there were $2300000.00 tourists in the 1st 4 months a rise of nearly 20 percent over the previous year it's a cause for optimism this year the forecast is for $9000000.00 tourists in total an all time record hoteliers are pleased. our hotel has 100 percent occupancy since april we're very happy about the return of confidence in tunisia. he's not the only one who's relieved 2000000 depend directly or indirectly on the tourism sector it's one of the most important sectors of china's economy accounting for 8 percent of gross domestic product. and is plenty of potential for growth desert tours through the northern sahara or visits to national parks like to may
for many species of animal have settled the government is investing in infrastructure and soon they hope eco tourism will bring in new revenues. to some of the other global business stories making headlines today abba us has sold 15 new long range planes to american airlines the a 320 or 21 x l r was launched at this week's paris air show and is yet to go into production the deal came a day after the surprise announcement that british airways has put in order for boeing's grounded 737 not just. the f.b.i. is reported to be investigating whether doj about broke u.s. money laundering laws the new york times last month reported that transactions flagged by employees at its compliance division as suspicious were not referred to the authorities some of the transactions were allegedly linked to companies controlled by u.s. president donald trump and his family. tons of passengers may be in
for some strike chaos this summer with subsidiaries euro wings and german wings likely to be hardest hit the focus is on the wage this stuff will vote next week on whether to take action or not meanwhile most of the says it will retaliate with legal action. through vision thing has become the 1st chinese leader to visit neighboring north korea for 14 years it's a sign of improving relations between the 2 traditional allies despite a drop in trade between them both president and one will want to make sure that trade remains strong despite u.n. sanctions against china secretive communist brother country. the chinese president's arrival on north korean soil was a momentous one clearly not everything that crosses the border between the 2 allies is weighted with such excitement most of the exchanges between china and north korea happen here the friendship bridge across the yalu river 70 percent of
bilateral trade passes here between dandong and the north korean city of sin nature traditionally heavy metal is made of a big part of that trade the u.n. sanctions imposed in 2017 banned exports of them to and from north korea with electrical cars and textiles also subject to restrictions un sanctions have taken their toll in 2800 exports from north korea to china are thought to have dropped by 88 percent trade in the other direction fell by a 3rd. north korea can at least rely on one commodity crossing the border the number of chinese tourists is thought to be at a record high trade relations are healthy enough that a new border crossing was opened in april this year and around the same time north korean officials were invited to a key summit on president she's flagship belts and road initiative the maintenance of imports and exports remains essential to both countries kim jong un needs china's help to develop a struggling economy and beijing needs influence over its unpredictable and
excitable ally. despite its name african swine fever is not an african problem the highly contagious diseases sweeping through asia right now farmers in vietnam about to kill more than 2500000 pigs to try and contain an outbreak that is in danger of engulfing the whole country meanwhile across the border in the world's biggest pork market that is china the break that started nearly a year ago shows no signs of abating experts are already calling it the largest animal disease outbreak in history. china is the world's top pork producer and consumes more pork per capita than any other country apart from vietnam. but pork prices are rising as african swine fever devastates an industry worth 113000000000 euros annually the disease kills almost all the pigs it infects china's agriculture ministry says the breeding herd has declined by 24 percent
nearly a year after the virus emerged in china scientists are still trying to deduce how they can stop the disease which has been able to spread between farms separated by hundreds of kilometers. africans 5 here that can actually fairly easily although all spread out and it's they aren't really. really good way of controlling disease here we believe that we may have anything between 10 and 30 percent of the animals in china infected. pfeiffer's says it's the most complex and largest animal disease outbreak ever china's national statistics office indicates that the national herd has declined by 40000000 pigs in the last year an indication of how many have been slaughtered due to the disease while the disease cannot be transmitted from peaks to humans the
impact on the food production industry is likely to be severe. compound and by the high density of pigs in chinese piggeries. just a hint was enough the us federal reserve's indication that rates cuts could happen as soon as next month as have a significant impact on markets the price of gold rose to its highest level in 5 years on thursday it weeds around $1386.00 an ounce that's a rise of almost 3 percent on the start of trade. said from the business africa team here in berlin to check out our web sites. d.w. dot com slash business stay tuned d.w. news africa is next right after this quick look at global markets.
out on this week's edition of quadriga. or saving global rodeos told stories of creative people and innovative projects around the world ideas to protect the climate and boost green energy solutions. geos the blue series of global 3000 on d w and on line. cut. this is deja news after that coming up in the next 15 minutes just hours from now the opening bell so we'll blow. and the 1st african game in egypt to say we're in for riveting action as the best of africa's football talent battle it out in what is the continent's biggest sporting tournament. and what these guys are doing is harvesting salt and they