if you say you could help them unlock the mystery of how super massive black holes were for this is the interview news live from berlin up next business with rob and don't forget you can always get the latest as well out of web site i'm going to the entire team exhibition. beethoven in future to. my g.p. to. me romance of stolen beethoven. to discourse the sort of conscious always

a. good singer with the biggest composer of all time i can't begin to imagine a world class horn player centralist on a musical journey of discovery. without. stuart september 16th on g.w. . germany signals a change of course in asia foreign minister height of moscow's for a more diverse approach so does he mean to try to laughs with china. may well test of aussie law musk has been in germany to talk cars and coronavirus vaccines. and coke sounds exactly popping in france and champagne industry look at the impact of the condom make on sales of public. places the debris business on robots in bed

then it's great to have you with us germany has announced a new blueprint for relations with asia calling in particular. the diversity in its focus in the region that's being interpreted as an efforts to lessen its dependence on china a move that would almost certainly have consequences for german businesses. from its messy internment of wee goods engine german to its crackdown in hong kong and of the shop and the edge of its diplomacy in recent years china is politically a growing problem for germany. economically china is a golden goose on average german blue chip companies earn 15 percent of their revenues from china some go further china accounted for more than 40 percent of turnover for folks who are in the 1st half of 202034 percent for b.m.w. and 22 percent for adidas and that gives china leverage in the relationship

the new guidelines from the german foreign ministry are meant to begin correcting that imbalance one key word diversification spreading out amongst more countries for strategic and trade partnerships foreign minister told his chinese counterpart one gave this week that his country wanted to be seen as an equal if there is a new tool and we won't allow it that we become the plaything of a superpower competition between the united states russia and china we want to be in dialogue with everyone. easier said than done many german businesses are wary of in danger in their relationship with china. well on this let's speak to gabriele felber my his president of the calle institute for the world economy here in germany thanks a lot for joining us so the german government has been pretty clear in its criticism of. certain chinese policies the treatment of the weak on kong

security law but how much clout germany actually having is it big enough trading partner to make a difference. yes the tyranny is big trading china is also a technology partner it has grown in its importance because of course the united states is decoupling from china so indeed germany has clout in this relationship and is an important factor in pushing china towards more risk of prosody and there was a more balanced relationship. and other european leaders have taught about the europe as a whole being a bit more self-confident in the face of china what's been lacking in the european approach that. well i think that's very easy is unity and you know we all know about the 16 plus one initiative china actively

tries to drive a wedge between the european countries of course. is much more exposed to the chinese economy than say france or spain or italy or there are different interests within europe that make you need more difficult but it's important now with these new guidelines that the germany takes the driving seat that does more to unite europe behind a very balanced and reasonable approach which is the lead out in this new paper now europe should ultimately be wanting to compete with the likes of shiner in the united states not just trade with. what would that look like how can your ip compete with these enormous superpowers. first of all it's important. that we you know get more convinced of our own strengths.

europe is an important player in international trade some say that europe is the trading superpower we are the largest trade partner of many countries and. in particular this strategic rivalry between china and the united states that keeps a europe extra clout and so i'm not sufficient mystique percy what we need to have physically a strategy and what we also need to do is push you a balanced approach that is not. targeting it to restrict trade but china's to open more trading post that we did see with other partners in asia that's what this paper is calling for and i think for that reason it's a very good approach we need to push the trade agreements of that being negotiated with countries like indonesia or with other partners we need to bring china to the negotiation table and conclude this investment agreement that has been under negotiation for too long now so there is

a lot to be done in germany can play an important role here using those tools of international trade to prophesy just very briefly so what are the target areas of asia you mentioned southeast asia beyond china west germany looking. well in this specific paper that's been published yesterday the chairman is looking in particular they are young countries indonesia being the largest and fastest growing amongst them we already half of the trade agreements for example with singer poor but others are i don't negotiate or in difficulty for example title malaysia i think this target is exactly right and the 2nd big power of course in the area is india and chairman he has not yet developed a good strategy to deal with that country that potentially is larger in terms of population than in china and also has a lock to a lot ground to ground to cover in terms of economic development in india strategy

is as importance of what is reason for this region then a. way to deal with china. from the canon steep the world economy thanks for joining us now some of the other global business stories making the news. the russian ruble fell sharply on wednesday after a german government spokesman said kremlin critic alexina valmy had been poisoned with a nerve agent a loss more than 2 percent against the us dollar with dollar worth more than 75 roubles. and united airlines says it will further more than 16000 employees in october the number is considerably lower than expected 36000 layoffs but still one of the worst days in u.s. airline history that korea carrier has said it will postpone furloughs if washington approves more funds to help our lives. now we must has been meeting with senior members of the german government the tesla bosses in germany to discuss

company's work on with pharma group which is developing a corona virus vaccine that's the fans all spend hours waiting for him outside the company's new gigafactory outside of berlin but mr moss proved difficult to pin down. during his german visit most made it clear where his priorities are right now the biotech company cure voc which is trying to create a coronavirus vaccine on tuesday a most visited cure back into being in the country southwest the tycoon kept a low profile and his fans didn't get to see him on weekend for the law months was my great idol and i really want to see him. on wednesday he arrived in berlin where he met industry bosses and chancellor angela merkel. praised the cooperation between cure of ak and tesla subsidiary grown automation and presented new bio printing technology which could automate the production of covert 1000 vaccines.

meanwhile tesla fans and grew harder residents waited in vain in the pouring rain for hours the new tesla factories being built quickly. opinions among the locals are mixed. we don't have a floater. for the past 2 years they've been telling us the best thing to do is to barely sprinkle our loans and not fill the swimming pools water is scarce or the 168000 people who live here but there's enough water for a factory like this explained up to me was the best as i. know i don't turgeon years since the fall of the berlin wall there really hasn't been much development in terms of industry and jobs and that's why i'm very much in favor of it. the 1st vehicles are scheduled to roll off the assembly line next summer creating thousands of jobs. france's champagne industry has gone flat because of the corona virus pandemic up to

a 1000000000 bottles of bubbly stored away in sallust fractions collapsed by a 3rd. a frantic. the finest grapes in the world grow here in champagne country but the coronavirus pandemic is taking the sparkle out of the market for bubbly. restaurants were closed for months weddings parties and receptions are all cancelled the pandemic threatens the livelihood of champagne producers like eve cooper or will be he could walk you through pretty thick all wine regions are in trouble at the same time we're in a global crisis and the whole industry is affected what is certain however is that what is not consumed during a certain period is no longer consumed later. the government is sensitive to the plight of the wine growers it's introduced an aid package worth 250000000 euros in alsace alone several 1000000 liters of excess wine

are being distilled to make way for the new harvest this would normally be unthinkable but during the pandemic there's no alternative but to pour off the precious wine some will be distilled into ethanol for disinfectant. when you look we're only doing this because we have no alternative but it hurts deeply to see the wine go like this. the wine growing center is worried the mayor of middleware wants more support. to know if you don't want to give up the government aid wasn't immediately ready but of course it did help to pay the bills the economy naturally this wasn't directed aid it was indirect assistance we have to pay back laser it's a lonely way it's a good group of acorn. as you'd expect in a wine village like this the mayor is a connoisseur. he runs a winery together with his wife and son. of his own it's about

a man who has to keep us whenever there's a storm we are very afraid of the rain the wind the hail we work with nature and that can damage our crops but after a thunderstorm there's an expression after the rain comes the nice weather but with the coronavirus the nice weather doesn't come that advocate one that that. wine growing is part of french culture but the corona virus is threatening to burst the bubble of the entire industry. that's all from in the business team here and there then if you do want more from us do check out our websites to do a dot com slash business for joining us.

have you flown lately. everyone 'd very sick during this year's coronavirus pandemic it has come to airplanes worldwide. the entire industry has to reinvent itself. it's now careening between forced optimism and despondency made ensure. next october.

what secrets lie behind the swap. discover new adventures in the 360 degree. and explore fascinating world heritage sites the t.w. world heritage $316.00 get the map now. a 99 percent drop in paying customers the coronavirus pandemic has been wreaking havoc in many sectors of the economy but the airline industry has been feeling the turbulence even more severely than most and even with some of the fleet returning to the skies the impact on airlines an aircraft makers.