electric cars, cheap reliable energy. here in china this isn t a future plan, it s happening now. china is to be sure a super polluting and super polluted place it burns more coal than any other country and largely because of that the air in beijing is not fit for humans to breathe. in the past few years both china and india have figured out renewable energy is good business, too. both countries have enormous and very poor populations and yet both plan to not only meet the goal set out in the paris agreement but beat them. we re taking you on a journey through asia. our journey to asia begins in all places in brooklyn. here come the red lights. and away they go for race two of the qualcomm new york city e 3. and already drivers are mixing it up.
reporter: yep, e-3, an eye-popping, ear-split ingting to show the latest in the video game world. this is where it s unveiled. this is where companies have been working for years on different projects finally say to the public, this is what you get to play. reporter: virtual reality gear is all the rage. and new games are being announced throughout the conference, like disney infinite 3.0 s new star wars collection. you take these physical figure you can get at retail and put them down on a little electronic base, and then the characters come to life inside the game. reporter: e-3 officials say about 1,000 new gaming products will be launched or announced here. gamers geeking out over the first-look, hands-on experience we just got done playing star fox, they have yoshi s world mario maker. they have pretty much everything i want to play. it s awesome. reporter: but with all those games to may, it would be easy to think that e-3 is just all fun and games. but guess what
billion this year. and southern california gets a tasty bite of that just for hosting e-3. it s estimated we bring probably over $40 million activity to l.a. just over these three days. reporter: but all that e-3 money definitely not easy money. with 50,000 people expected to attend the lines are long and you d better bring some ear plugs. rob hayes reporting for abc news. a lot of cool technology there. we should have gone. we should have gone. man! what were we thinking? we were playing atari at the time. or is that donkey kong? wow. you want to keep going? tetris? keep going. mario brothers? there it is. did somebody just tell you in your ear? no, no no, nobody told me in my ear. the look on my face said it all. can we see the look on the face? can we put it back up there? where s my neck? mario. oh, i have luigi. there s the mushroom. don t get caught. that s the news for this half hour.
one pill each morning. 24 hours. zero heartburn. welcome back. if you like apps games, any type of technology then you probably know one of the world s biggest shows for electronic entertainment is happening right now. it s called e-3, where the hottest new games and tech devices are unveiled. and kabc s rob hayes is there for us in l.a. reporter: welcome to a world of strange characters, strange plot lines is it good? good! reporter: and strange equipment. and for the next three days, that strange universe is calling l.a. home. welcome to e-3, the electronic entertainment expo.
welcome back. we re back with our panel. john hilsenrath, ed rollins. steven ratner, chairman of willett advisers, former counselor to the u.s. secretary of the treasury. steve, thanks for joining the conversation. thanks for having me. i want to ask you about the economy where we are. tim geithner just out with his book stress test. it s been seven years since the dark days or six years since the dark days. how would you characterize things? actually, i m in the middle of reading tim geithner s book, and it gives you nightmares. it just brings back all of the fear and how close we really came to the abyss. and i think tim is a real american hero for what he did. and we re a long way back. we re not all the way back. we re in a slow growth economy for a whole bunch of reasons. and i don t really see that improving a lot. but at least we re growing. you know, part of the real stimulus and the boost to this economy, john, as you know, has been the federal reserve. right. an