Transcripts For DW Business - News 20180801 11:15:00 : vimar

DW Business - News August 1, 2018 11:15:00

Apply clear rules because as i said it is it should be very unique and in those unique cases it also should be driven by rules rather than discretion whats more of a concern here for the German Government the drain of Intellectual Property all possible control over Critical Infrastructure it could be a combination of both even though from a legal perspective it can only say any enough intervention can only be justified based on Security Concerns not of intellectual Property Rights because obviously this could also go the other way round and it should be the case that there is exchange between both countries also on those dimensions do you think i mean they the Drama Government has taken this sort of circumspect road to to block the sale of fifty fifty thats a bit of an unfriendly act towards china isnt it and this is why it needs to be taken so carefully i think it is so important to have clear rules and maybe we need to adjust the rules but everything we should do should always be based on rules rather than discretion and thus its also important that the reciprocity that we rightly soul expect from china is also actually take into account on the german side. Do germany happy with the misoprostol what you just said about German Companies investing in china so germany has increasingly and consistently asked for reciprocity in china the Chinese Government actually has reacted to that not to the full extent but we see more and more of an opening for example b. M. W. Acquiring more of a stake in a Corporation Pop not b. S. Actually investing in message on a massive scale in china so therefore what they are signs which may also be reflecting the fact that chinas on the pressure from the us to open up the market so therefore we should actually make sure that we wont become attackable germany wont become attackable for being seen as discretionary. Thank you very much for this inside thank you. Chinese smartphone maker huawei just replaced apple thats two point one percent more than during the same period last year but forbes warns the second half of this year could be difficult it could struggle to comply with new Emission Standards applied in the e. U. Starting september stars and already produced cars are currently waiting to be tested comicon said tariff disputes could add additional problems. Now what if you could buy fine art in a supermarket something that is meant to be lasting in a place filled with consumables thats what british art is losing sparrow attempts with a new show in los angeles sparrow is a comment on the age old theme of the art world the relationship between us and the business of art. Welcome to sparrow mart the fruit isnt so crisp here but the soft drinks are well especially soft. Everything is handmade with felt in lucy sparrows exhibition that opens today its a playful commentary on Consumer Culture and the disposable nature of our everyday lives instead of Scale Ability and efficiency spero mart is about individuality and painstaking work there are more than Thirty One Thousand Grocery Items here each with a little soul as pharaoh says shes exploring art as a commodity its not a Consumer Product every item is signed and available for purchase. Theres also an a. T. M. And checkout both covered in felt i think that is a huge amount of the art world but its about money and that seems to be almost a to use object with the art you know its got to have the integrity but obviously thats theres a huge art market out there where people purely by to collect and i think thats as much a part the art world but dont mistake sparrow mark for a cynical cash grab the artist says its about making art accessible it was always very important to me that people could buy it people that wouldnt necessarily know many by art they could buy something for Thirty Dollars well at fifty pounds anything like that they could take it home with them. And they have that for the rest of their life i dont think many galleries that you can come and do that and this is the last time im going to do that because it is essentially quite unsustainable in other words theres still a big difference between art and the supermarket candy aisle. And thats it for me on The Business Scene In Berlin all of course have an update for you in the next up before you go heres a little time check on the Global Markets at this hour thank you very much for watching state of your business but i. Want. A commodity covered in my name to be jewels and big business. Speculators are out to reach profit. As space becomes increasingly scarce. The global competition for precious resources. May. In germany in sixty minutes. Earth. Home to millions of species a home worth saving. On those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world like to use the term to convert jews to Green Energy Solutions and

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