Corporate Germany's Future Strategy Depends on China

Over a period of slightly more than a decade the German economy gained a stimulus through exports to China of about 2.5 to 3% and a 2.5% stimulus is a big deal. The story gets really dramatic however when you look at the individual corporate level because taking a big economy as a whole most of it is services like restaurants it doesn't show up in global trade. So now all of a sudden we're not talking 1 or 2% of GDP we're talking the bulk of their business right or the dynamic bit of their business as well that's driving. Corporate Germany's future strategies continue to hinge on China right now. And that I think is really what sets German industry apart