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Grateful to the coronavirus pandemic. Back on to do business i want to get jones in berlin good to have you with us the u. S. Economy desperately needs a new stimulus package as the pandemic continues to wreak havoc but with a president ial election week weeks away the parties are divided amid political wrangling and last week president to donald trump called off the negotiations on sunday now u. S. Treasury secretary Steven Menuhin proposed that 175000000000. 00 in unspent 8 to Small Businesses be released immediately to east the stalemate the argument of the total package is much bigger though the democrats want a plan worth more than 2 trillion dollars so far republicans have not gone past 1. 8 trillion. 1000000000 trillion Chelsea Delaney our financial correspondent in frankfurt can probably. Make sense of that so the democrats when will the 2 trillion dollars trump has offered 1. 00 trillion before basically saying no and now we hear the stigma nugent suggest a mere 230000000000 dollars to support smaller businesses the longer they talk the list money is on the table right well this is really the key question now is that is there enough Political Support to get through a broad stimulus package that is what democrats have been pushing for but over the past week since trump came back to the table we havent really seen much progress on the overall negotiations last week we did hear from the trumpet ministration that they would like to put forward a proposal for about 1. 00 trillion dollars thats getting much closer to the 2. 00 trillion dollars that democrats have pushed for but even over the weekend weve seen a lot of backlash from Senate Republicans so even this what with this white house proposal seems unlikely to pass and so that leaves democrats and republicans looking more at these one off much smaller bills that would have a much smaller Economic Impact right and i mean were talking about this stimulus because of the coronavirus pandemic of course and the virus is spreading fast not just in the u. S. But everywhere and it actually resurfaced in a chinese port city it has and i think this is really a wake up call to everyone that even in these places where we thought the virus was completely contained it can really pop up in unexpected ways and spread quite quickly were seeing here in europe where the virus had been seemingly under control over the summer its really were surfaced and hit new levels and many countries including germany and france this is likely going to lead to more and more restrictions which will make a much more difficult economic. Future for many countries just from food thank you so much. Now the coronavirus pandemic has forced major changes in the Way Companies do business on the profiting from the crisis such as Online Retailers and Delivery Services others are struggling to survive or theyre on the brink of bankruptcy the same thing goes for u. S. Firms in germany the American Chamber of commerce in germany did a survey which found that inspiring 82 percent of u. S. Companies still expect Higher Turnover in 2020 now by autumn this upbeat outlook has dropped to 22 percent the same thing with investment in spring 58 percent of u. S. Firms also wanted to invest war now 6 months later its only 70 percent well after all most companies are still cautious and prefer to wait and see how the coronavirus situation develops and who could blame them now any i talked to the president of the American Chamber of commerce in germany frank sporter laurie and i asked him how he would describe the state of economic relations between germany and the u. S. These days. For more im joined by the president of the American Chamber of commerce here in germany frank aspire to larry good to have you with us so how would you describe the state of economic relations between germany and the United States well you know in spite of all the turbulence you see coming out of washington in fact the state of the relationships ship is amazingly good as a chamber we make it a point to go out and talked to the governors and now to the places where people actually live and work and there is an enormous and continual amount of interest in doing business in each others countries that includes investment. Selling products that is brought all thats good to good to know especially now in times of the corona virus pandemic clearly there are there are winners and losers of this pandemic whats your survey telling us about those. Well the Service Speaks there are pretty clear language. I think it kind of summed up with the fact that amazon now has overtaken ford to become the largest American Company in germany in terms of top line revenue we know the Auto Industry even last year was suffering a little in this year obviously its been very difficult the companies that are doing the things like the just sticks Online Retail pharmaceuticals those come in so doing well a lot of other companies. Are struggling and the combination of that has led to a Slower Growth rate than in previous years but our members are optimistic. And i mean how is the ongoing us china trade war impacting if it all u. S. German relations thats an interesting question because we get 2 different answers on that if i ask the u. S. Companies that are members all of them will say oh you know its led to a few different decisions not major but many of them have said weve adjusted some things were doing some things differently German Companies have said no it does not yet impact them in a real material d way having said that its a continual topic of discussion and concern among both u. S. And German Companies u. S. Companies are afraid you know of their supply chains of implications in the home market German Companies are afraid of being stuck between the 2 warring giants speak. And just very briefly looking ahead to the upcoming u. S. President ial election will that influence u. S. German trade relations of business relations. Well 1st id like to point out were not at all a Political Organization strictly commerce but we do poll our members on that topic the overwhelming majority of them say that the outcome of the elections will have a Significant Impact and the vast majority also feel that a change of administration would be good for transatlantic business in general were still trying to figure out a little bit which way professor President Biden would go these various things some of which concern or some of which we find positive but either way we continue our work and i think the transatlantic relationship will continue on strumming alright well thats again good news there frank sparta laurie president of the American Chamber of commerce in germany thank you so much for your time. Now heres an example of an industry thats almost been saved by the pandemic chinas gaming industry is booming again despite strict censorship roots until a short while ago those rules proved too harsh for some companies they went bankrupt and then came the coronavirus locked down and millions of chinese look for some distraction at home. It has been 3 months since jan 1st game went online the 5th great invention is a simulation of ancient chinese woodwork techniques can start up game has been working on it for 2 years that i still want you to look at the rhythm of life our lifestyle has changed a lot we have a lot of access to move things peoples attention has been driven to modern multicultural crazies but china has a lot of traditions that should be preserved. Well i had 600000000. 00 users china has the biggest Gaming Market in the world and during the corona epidemic this market has surged sales of games were up 20 percent year on year during the 1st half of 2020 the 5th great invention went online in june. We have not profited directly from the extra time spent online ordering the lot but we also know that this is not just about a lot on time when everybody is sitting at home are not people who had never played online games before i started playing. Genocide war used to work in an Architecture Firm where he learned about ancient chinese would work taking his game is also in line with another trend in chinas gaming industry stricter censorship laws have been targeting graphic violence sex and gambling but also what the government calls a wrong depiction of history the 5th great invention is one of just over 500. 00 games that were licensed so far this year because its celebration of traditional culture the company is on the winning side of history. I think those who feel that their Business Opportunities have been limited or their Business Model has been affected are producing content that is there just being not these things should not exist in a healthy gaming environment. Your shoe. The new policy has turned chinas Gaming Market upside down almost 30000 gaming Companies Went bankrupt in the last 2 years but the lockdowns have reversed that this year alone 20000 new companies have emerged the 5th great invention was downloaded 2000000 times a week and. Its a bit less than we expected but its not too bad were hoping for our game to be successful in the long term. Its a tough game with delicate rules but tennis confident that he has made the right but. And finally we bring you the story of a brazilian businesswoman who wont let the pandemic crush entrepreneurial spirit having lost her job in real estate values in am a child or slut another income stream and decided to turn her 969 folks like beetle into a flower shop and the idea is a hit with locals in rio as copacabana beach district in the 1st 3 days much other made enough to cover a stir of the cost of into college well a rare example of a business blooming during these uncertain times. And its a pretty beatle anyway thats a Business Update from me and the team here at g. W. As ever thanks so much for joining us. 2. Years returning to you and head off to years german chancellor which bring back and youve never. Surprise yourself with what parts of the louis miracle really what moves. Who talk to people and follows her along the way maurice and critics alike. Joining us from athens lock stock. And the toll many polish old loves us thrown out of work right now climb a tree different story. Pieces much less the way photos one week. How much work can really do. We still have time to work im going. To subscribe to the morning news like this. Coming up chrysler is a german politician and a covert 1000. 00 survivors. At this demonstration for Free Democratic change to persuade corona skeptics that the virus is real and dangerous as chrysler herself knows only too well. Shes still suffering from long term effects. Are included of natural paps dont fear any virus not a one but they do thier liars but will priceless words fall on deaf ears. To. The loser. Here who survived it thank goodness and how was it was. A tough battle now do tell. I suffered from severe shortness of breath and wound up in hospital without oxygen it was ok although even when i was no longer infectious it wasnt over its affected my speech im standing here and want to talk to you i have Children Speech is so important to communicate. The wish list of us then you will be asked of commerce or rich and those neurological things bothered me is due out its a normal virus i think you must see if you have a halfway healthy immune system its no problemo told us hope

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