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As we continue our series on China-US climate cooperation, we issue something of a warning, pointing out that we should see ourselves not as the victims of some future climate catastrophe, but rather we should admit that unbridled exploitation of the planet's resources has made us the harbingers of change.
Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on Twitter, Instagram, Facebook, Threads and YouTube
World news in 7 minutes. Wednesday 16th April 2025.Today: Sudan two years. Kenya ant smuggling. El Salvador no return. Peru corruption. China US accusation. Japan Sony costs. Ukraine Chinese soldiers. Russia journalists prison. And a millennial saint. SEND7 is supported by our amazing listeners like you.Our supporters get access to the transcripts and vocabulary list written by us every day.Our supporters get access to an English worksheet made by us once per week.Our supporters get access to our weekly news quiz made by us once per week.We give 10% of our profit to Effective Altruism charities. You can become a supporter at send7.org/supportContact us at podcast@send7.org or send an audio message at speakpipe.com/send7Please leave a rating on Apple podcasts or Spotify.We don't use AI! Every word is written and recorded by us!Since 2020, SEND7 (Simple English News Daily in 7 minutes) has been telling the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi, Ben Mallett and Juliet Martin every morning. Transcripts, vocabulary lists, worksheets and our weekly world news quiz are available for our amazing supporters at send7.org. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated daily news in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, TEFL teachers, and people with English as a second language, tell us that they use SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it.Get your daily news and improve your English listening in the time it takes to make a coffee.For more information visit send7.org/contact or send an email to podcast@send7.org
Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on Twitter, Instagram, Facebook, Threads and YouTube
The US -China trade fight has just intensified as China has upped tariffs on US imports to 125% We look at the US agriculture sector which accounts for over 20% of US exports to China and valued at $36 billion in 2022. And what does tariffs mean for consumer sentiment? We hear from shoppers in New York
Today, we continue our series on China-US climate cooperation and we do so with a bang, pointing out that when it comes to the next extinction-level event on our fragile planet, we, that is, humans, are the meteor – unless we can collectively muster the political will to change course.
More than 100 mayors and municipal leaders push to get the environment back on the election agenda. Prime Minister Mark Carney convenes cabinet committee to discuss Donald Trump's tariffs. Conservative leader Pierre Poilievre promises his government will not pass any laws to restrict abortion. China raises its counter measures on the US. Asian stock markets slide further growing fears of China-US trade war. US Supreme Court rules unanimously against the Trump Administration on controversial immigration file. US diplomatic envoy arrives in Moscow to meet with Russian President Vladimir Putin A closer look at the push for global carbon tax on international shipping.
This week on Independent Thinking, we explore the growing battle for influence in Latin America between the U.S. and China. In just two decades, China has gone from a minor player in the region to a dominant force—challenging the US. How is President Trump's government responding and could his policies actually give Beijing more room to expand? Guest host Chris Sabatini is joined by Yu Jie, Robert Evan Ellis, and Bruno Binetti to discuss the shifting power dynamics and what they could mean for the global balance of power. Read our latest: South Korea's domestic tumult risks being exploited by China US ownership of TikTok won't protect democracies from digital threats Trump's tariffs will push Southeast Asia uncomfortably close to China Presented by Chris Sabatini. Produced by Amanda Nunn. Executive Producer - John Pollock. 'Independent Thinking' is an Indio Media production for Chatham House. Read the Spring issue of The World Today Listen to The Climate Briefing podcast
The Yaron Brook Show---
Stephen Grootes speaks to Dr. Martyn Davies, former member of the World Economic Forum's Global Agenda Council on China, about the escalating China-US trade war, where China has vowed to "fight to the end" against US tariffs, imposing an 84% tariff on American goods and filing a suit at the World Trade Organization. In other interviews, Simphiwe Moyo, an organisational behaviour specialist discusses the human impact of corporate restructuring in South Africa and explore strategies for mitigating the effects on employee well-being and maintaining a healthy work environment during times of change.See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to Dr. Martyn Davies, former member of the World Economic Forum's Global Agenda Council on China, about the escalating China-US trade war, where China has vowed to "fight to the end" against US tariffs, imposing an 84% tariff on American goods and filing a suit at the World Trade Organization. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk. There’s more from the show at www.themoneyshow.co.za Subscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa. Follow us on:702 on Facebook: www.facebook.com/TalkRadio702 702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalk CapeTalk on TikTok: www.tiktok.com/@capetalk CapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalkSee omnystudio.com/listener for privacy information.
Congressman Desjarlais talks with Dan on recent China/US back and forth Tariff battle. See omnystudio.com/listener for privacy information.
Today, we're launching our new series of podcasts on China-US Climate Cooperation. Our 20-episode series will feature climatology experts and policy makers from both countries and cover everything from carbon dioxide capture facilities to the establishment of national parks.
Chinese President Xi Jinping has met representatives from the international business community in Beijing. Over the past week, heads of some 80 multinationals including Siemens, Apple, Samsung and Pfizer have flocked to China to seek new cooperation opportunities, with nearly 30 U.S. companies—more than any other foreign country—represented at the China Development Forum. Why are these firms still betting big on the Chinese market? Host Ge Anna joins Ann Lee, Expert of China US economic relations and the author of the book "What the U.S. Can Learn from China"; Haolan Wang, Research Assistant at the Asia Society Policy Institute's Center for China Analysis; Dr. John Gong, Professor with University of International Business and Economics.
In this edition of Wilson Center NOW, we are joined by Robert Daly, Director of the Wilson Center's Kissinger Institute on China and The United States. He discusses the latest developments in the China-US trade dispute, highlights key sectors where both countries are most vulnerable in an extended economic conflict, and explains how the Trump administration will face a more prepared Beijing than during the first Trump term.
In today's episode, Dan sits down with Ambassador Wang for a deep dive into some of the most pressing global issues. They unpack China's role in global peace efforts, the evolving relationship between China and Canada, and the complexities of China-US relations. Plus, they share insights on the Ukraine crisis and discuss what it takes to create a fair and balanced business environment in today's world. Don't miss this eye-opening conversation!
Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) China’s top diplomat accused Donald Trump of taking a hypocritical approach to bilateral ties and denounced tariffs, as tensions rise between the world’s largest economies. (2) President Donald Trump exempted Mexican and Canadian goods covered by the North American trade agreement known as USMCA from his 25% tariffs, offering major reprieves to the US’s two largest trading partners. (3) Wall Street traders continued to navigate intense, quick and sharp market swings amid a slew of tariff headlines, with stocks getting pummeled after almost wiping out their losses. (4) Millennium Management, Citadel and other top hedge funds posted lacklustre returns in February, as market gyrations reversed momentum on key trades and clobbered popular stocks. (5) The European Union agreed to begin discussions on a long-term reform of its fiscal rules to allow member states to spend more on defense, following a push from Germany. (6) European Central Bank officials are bracing for tough negotiations over whether to cut interest rates further or hold fire when they next set borrowing costs in April, according to people familiar with their thinking.See omnystudio.com/listener for privacy information.
361Firm Briefing "End of Global Conflicts or Start of Something New?" (Feb25, 2025)SUMMARY KEYWORDSGlobal conflicts, economic uncertainty, UN resolution, Russia-Ukraine war, China-US rivalry, NATO modernization, Trump administration, defense spending, Middle East instability, South China Sea, energy independence, rare earth minerals, geopolitical instability, disruptive technologies, global governance.SPEAKERSStephen Burke, Andrew Fisch, Adam Blanco, Hamlet Yousef, Speaker 1, Mark Sanor, Maxwell Nee, Bill Deuchler, Speaker 2, Michael Hammer, Anthony GordonStephen Burke 00:00Which Putin thought went in quite quickly. It's been about 16 months since you had the attacks in Gaza on October 7 of 23 and you've had a little over a month since President Trump has returned to the and nothing's been the same since any of those days in the world yesterday, we had a good sense of that with the UN resolution, which basically said Russia didn't start the war in Ukraine. So I'm going to basically ask hamly to join to put some clarity into where the conflicts are going, and are we getting close to an end or the start of something new? Last week on our calls, unless nobody raised this question, and we had the view that this started something new Hamlet and I that we're not as close to the end as everyone would hope, certainly as close the end as President Trump was kind of indicating what's going on right now has created a highly elevated economic uncertainty, but also policy uncertainty around the world. This report is takes a look at newspaper mentions of uncertainty. It looks at shifts in government policy. And it looks at surveys of Professional Forecasters, and you can see the economic uncertainty today is higher than it was when the pandemic was going on, and significantly higher was than it was when Russia invaded Ukraine back in 2020, 2022, and what you can see here, this is a survey from an armed conflict survey, which actually looks at the human impact, and they define it by the number of fatalities due to violent events in a specific country, number of refugees originating in a select country, and the number of internally displaced people. So you can see the hardship that the conflicts around the world are extracting. But it's not just Ukraine and Gaza, it's many other places around the world, and that is actually stress and government abilities to deal with is in a spot where they're paddling 02:20free front Stephen Burke 02:22as we get here, I think this really comes down to a very simple fact that China has risen to a level that they are challenging the US for global leadership, and there's a conflict in how they resolve that shift. And I think we're also seeing the fact that United Nations, NATO and other post world war two institutions probably about live there, have outgrown what their original incentive was, and they need to be modernized to deal with a world that's very different than it was, not only post World War Two, but even 20 years ago, with China's rise and the rise of other nations as well. I think we've had a problem with bad leadership. I've talked about that in the past. It, to me, is one of the most scary issues we're facing is weak leaderships, making bad decisions that are short term oriented just about the next election cycle, and not dealing with the pain, the necessary pain that comes with making hard decisions, which has led to significant under investment in critical areas, then the last thing that led to what has us where we are today is really the Trump factor. And if you want to follow and understand what's ahead of us and what's going on right now. All you have to do is look at the 2024 Republican platform. And this is the play book that Trump follows. And whether you like him or hate him, one thing you should know about the Trump administration is he's going to try and do what he laid out in this platform, whether it's good policy or bad policy, in his mind, is good policy, and he's going to push forward with it. So even things that don't make sense, he's going to move forward with. He's also going to create a lot of conflicting statements that are going to be challenging for foreign leaders, for domestic CEOs, and for CEOs and business leaders around the world, and also for people investors trying to make strong investment decision. But understand these 20 points, because this is the play book that he is following right now. Global defense spending is on the rise, and we know that it's been carried over very heavily by the US, China and Russia, and purchasing power parity, you would see Russia and China spending over four $60 billion each last year. Europe combined spent a little less than a third of what the US has spent, and part of what the goal is is to get that increase accidentally. And ease some of the burden on the US, while a lot of people think it may be for them to redirect money to other areas, I think one of the challenges that the US has is there some modernization, rebuild, and to be able to be prepared for fighting on free front, where Russia is fighting on one right now in the Gaza, it's really Ukraine, and I'm sorry, Gaza, it's really Israel, and the US take on Iran and their proxies, and then you have what's going on in the South China Sea. The US cannot afford to fight China and three other than two other battles at once. And that's really what's weighing on the US, because number one on the US is mine, I believe is dealing with China, not dealing with Russia and the Middle East is more of a short term issue. The big longer term issue is the ascension of China, and how do we deal with that? But I think the other issue is because we're fighting in three fronts. Right now we're preparing to battle on three fronts. I think this quote from Finland foreign Prime Minister really is quite true. It's it's not reasonable right now for the US to be able to do this, whether it's not just financially, but practically, can we afford to do it? We don't have the military build up right now, and we've exhausted a lot of our military supplies being at work for most of the last 20 years. So European leaders are facing a very harsh reality right now. What you can see from this chart is defense spending as a proportion of GDP, and it shows how I balance it's been and those closes to the action either with migrants coming through or with being close supporters of Russia, or where the higher spend is, and the lower spend has been not coming through from the rest of Europe. And this is creating a big problem. As you can see, the demands for future spend are going to be much higher. They're talking about 3.7% or 5% and this is what additional spending would look like over the next decade. And this is coming at a time that most of these governments have massive demands from the domestic population that are go well beyond the defense spending that's going to help other parts of the world. But I think it was NATO had said the other day, if they don't get the 3.7% they better start learning Russia and Europe. I think that may be an extreme, but maybe not. This is a problem that chronic under investment has been going on for way too long, and the catch up is going to be the problem. And if we're doing better all along, this would be less of a burden, but it's coming at a particularly bad time, particularly moving up to the 4% level, and we don't have the benefits of free money that we had for the last 15 years. So we're in a tough spot in Europe. We're trying to figure out is, can trump force a settlement in on these people in different in different parts of the world? I'm skeptical of it. I don't think we're close to the end of a war. I mentioned that last week, but I asked Hamlet to join Hamlet, if you could just give a little bit of your background first, and then we'll jump into the Q and A, Hamlet Yousef 08:23yeah, that sounds good. Appreciate it. Looking forward to the conversation here so I could be there in person. My name is Hamlet. You said one of the managing partners at Iron Gate Capital Advisors. We're a defense tech focused venture fund. This thesis was built about six, seven years ago, when we thought that the world was going down a new direction, where the kind of the global war on terror was winding down. That's an issue that we're going to continue to have to deal with. But the near conflicts, or the issue that was going to face us, geo politically, was a re emergence of a second Cold War, or, if not, a much greater conflict. I think it was right after the Ukraine invasion. On one of the calls here with the folks at 360 I talked about how the world is going down, how the path of almost like a three act tragedy. Act one was going to be the invasion of Ukraine, and the destabilizing impact that was going to have in the region and globally. Act Two of this geo political tragedy was the emergence, or was going to be, the emergence, of a very belligerent Iran with a nuclear undertone, trying to destabilize the Middle East. And act three was the emergence that the kind of driving force behind this was a desire by xi and the Chinese Communist Party to become the only super power, not a super power, but the only super power, and supplant Western influence, job, which includes the US globally. Unfortunately, I think a lot of that has been happening just quick. Color again, on background. Prior to running Iron Gate, I had a long career in. In the federal government, in the national security, diplomacy and intelligence area. So this is an area that I've been pretty, pretty keen on and falling for a good chunk of my adult life. So I think Steven's earlier slide, or the opening slide, says very clearly I think this is the beginning of a much greater conflict. I do not think global peace is breaking out anytime in the near future. I think the three main hot wars, or the hot zones you see right now, Ukraine, the Israel, Gaza, Iran conflict, and the South China Sea and Southeast Asia. I think the tenor of those conflicts is going to change in the coming months and year. I think there is potentially, quote unquote, a a grand bargain that President Trump is going to try to strike to stabilize matters to a certain extent, but I think that's going to bring more of a kind of a calm before the eye of the storm, rather than ever lasting peace. So I'll start, I'll stop there. And then, Steve, I guess, let me know in what direction you want to take the Q, a Mark Sanor 11:06Can I ask a question. Steven, can you hear me? Yeah. Long day, Mark, did you see this veto coming and the and the the way the alignment is shifting with Trump and Putin. Hamlet Yousef 11:21Oh, the UN ve though, as far as negating the UN the resolution, yeah, no, I definitely do not see that coming. I think the one thing that is going to be probably very predictable for the next four years is unpredictability, loan or hate him. I think Trump style of governance and leadership is to completely upset the apple cart, create chaos and operate through it, whether that's through willful intent or just that's how he operates. So I'll leave that for another call. So I don't think anybody saw that coming. To be honest with Mark Sanor 11:58you, the questions from from others. Oh, Michael, you're you're on mute. Steve. Michael Hammer, sure, Michael Hammer 12:12more of a comment than a question. I mean, yesterday, I felt like I was in a bizarro world where the US voted with Russia and North Korea against allies of 80 years. This is crazy. So my comment on this is, and I've, I've been speaking with friends in Europe who are involved with government and the military, and some folks here in the States, everybody is in shock. And the sense that I get from the Europeans is we are going to see a schism between the US and Europe, and they're going to be going towards a war time economy. Most folks are denying it these days, but this is huge. And I think China is just sitting there, xi is just sitting there laughing at what's going on, because it all falls in their favor. And I'll stop with that. What do you think you said? That Speaker 1 13:24was actually a question I had. Do you think China wants any of these words to end as Trump Hamlet Yousef 13:32does? I honestly, I don't know. I don't know. I think, I think China benefits through continued destabilization. I think what China wants to do is, he wants to weaken all powers, so a prolongment of a conflict in Ukraine. Kind of help? Help helps. Help does that? It distracts the West and the US in Eastern Europe, and it continues to weaken Russia to a certain extent, which is, I think what G wants, I think Xi's ultimate goal is to expand his influence in southeast China and potentially in the Nepali step. So the weaker your adversaries become, the stronger you become. One dynamic to consider is a good chunk of the first Cold War. The West really try to keep the two communist powers apart in terms of China and Russia. What's happened over the last couple of years, obviously, is you have this formation of an access of authoritarianism between Xi Putin and the regime inside Iran. So almost the exact opposite is happening. But to me, I think this is where xi sees these nations as his quote, unquote, proxy allies in a longer term effort to destabilize the US and the West and to assert their dominance in the region. But I don't think that's going to end well for a whole host of reasons. I'm still, I think, very skeptical on how long. This, this g Putin romance remains, and I want to point to just a couple of anecdotal observations, kind of at the height of the explosion of the Ukraine war. This is going back to September 2023 Xi made a tour, I believe, throughout the the scans the former Soviet states and began courting these, these nations of which a large chunk of them are Asiatic in their in their ethnicity and makeup. I think this is an effort for him to pull those folks away from the Vlad and closer to his ring of influence, the Chinese have a very long memory, and I think they view things almost like you heard this before, in a centuries long optic, not an election cycle like we do in the West. I don't think they fully forgotten or or forgave what happened to them at the back end of the Opium Wars, and that was an effort that they blame squarely, obviously, on Europe. But in 1850 1860 when the war ended, out of Manchuria, better known as Siberia today, was annexed by the Russians away from China, and is now part of the Russian government, or Russia the entity. I don't think it's too far of a stretch to see to say that at some point, Xi doesn't want to look at the lands to his north that are grossly under populated, grossly under defended, and rich of natural resources as an area that he can eventually march into. So he hear the quote that I think McCain, Senator McCain first coined, that Russia is not nothing out of the big gas station for China. I think there's some truth and merit in there. So if this conflict continues, and I think it's going to China actually benefits, now, I do think there's a greater, an increasing probability that we have some sort of a grand bargain or an agreement between Putin in the west and potentially China, where you'll see a near term cease of the firing and the fighting in Ukraine. But that's that doesn't mean global peace is breaking out and the conflict is over. If anything, I think what you see happening is, if that does happen, Ukraine is not ready to give up that land. Russia is not going to retreat and give back Eastern Don Boston in Crimea. So I think what you have is potentially a formation of almost like an East Germany, West Germany that we had at the end of the Second World War. From there, we had a decades long Cold War where both sides are starting to destabilize the other. So if you play this out and Putin does get to hold on to the lands that he sold Eastern in eastern Ukraine, I think he then spends the next decade trying to destabilize Odessa, trying to destabilize Kyiv, trying to put his own proxy, or his own person in charge, and then continue with that Western influence that he wants, in terms of reforming, reconstructing that western border. He's doing the same thing in the caucuses. So that, I think, changes the 10 of the conflicts. It may end the near term direct conflict in Ukraine, but I don't think by any means that's going to be the beginning of the 18:17end. Andrew fish, do you want to ask your question? Andrew Fisch 18:20Yeah, Hamlet, you're involved, obviously, in military acquisition technology, the push for getting Europe to spend more, you know, still kind of a slow, slow move, but, but one of the issues is spending it on what? So I'm just going to give you, like, an analogy, and then what you answer the question. So if you take Poland, Poland has ramped up their military acquisition, and they're not worried where it comes from. They're buying Korean tanks, they're buying American weapons, they're buying anything and get their hands on, I think Jack, I think even Japanese jets, whatever. The point is, they're doing it quickly. The other nations upping their expenditure. They didn't spend any money for so long, their military industrial infrastructure. And you comment on this is not ready to ramp up and and they don't want to just buy American so how much would they have to spend to do a Poland like catch up? And is that even possible? Hamlet Yousef 19:32Yeah, great question. Look, I think, I think you're starting to see the awakening of this defense tech initiative throughout Europe. It's something that I think shock the system in 2016 to 2020 under Trump's first term. I think the explosion of the conflicts on Europe's eastern flank is sending shock waves throughout the continent. You are starting to see all the countries. Us, for the most part, wake up and start allocating more and more dollars. I think there's a bit of a variance in terms of what that percentage of GDP needs to look like, is going up and exponentially for it was 456, years ago. But this is also something that the US wasn't necessarily all that worried about when we first started our fun thes just six, seven years ago, defense tech and defense investing was this kind of back water thesis that nobody cared about. It's all the rage right now here, inside the US, there's, every time you turn around, there's another venture fund or growth equity fund or a private capital source that has Defense Innovation dual use defense tech as part of their thesis. So it is becoming a key area of focus and spend for us here in the US. Well, you seen that same thing start happening in Europe over the last several years, where more and more countries are shifting focus on on the need to drive innovation and technology and and spend in their defense sector. Now, in terms of dollars. You gotta understand the economics of warfare have changed, and this is a thing so the people have not fully grasped and understood. What I mean by that is the wars of having to march columns of tanks and airplanes and ships into a theater to win. That's that's changing, if not, fully ended. And I think the world is starting to realize what does disrupt the technologies mean, and how is that reshaping the battlefield. So examples here, if you look at what happened at the at the beginning of the Ukraine war, you had a column of of arms and in tanks and in armored vehicles that was marching on Kyiv, and this is where everyone thought the key was going to fall within 40 hours and and the war is over, you had a couple billion or billion dollars of armament those, those heading down for Kyiv, and he had a handful of Ukrainian special forces bouncing around on ATVs drones and some explosive ordinances, couple million dollars worth of overhead and cost, and that was able to nullify billions of dollars worth of armaments. Look at what happens in or what's happening right now, in, in, in the Red Sea, you have the Houthis, who have no real economic base, and they're launching hundreds of in expensive drones towards global shipping, and they're shutting down global shipping to a certain extent, in that part of the country or in that part of the world, and they're spending a couple million dollars in the US. In return is deploying a couple of billion dollars worth of ships and airplanes and rockets and knock down a couple pieces of flying lawn mowers, is what it seems like. So that's not sustainable. Look what happened in Ukraine. About six months ago, you had a handful of Ukrainians with a couple million dollars of modified jet skis with explosives put onto them in a remote control device, literally sink and nullify half of the Russian fleet in the Black Sea. So the economics of war are changing, and I think we're starting to grasp and understand what that means to control a battlefield in a conventional war. Two of the things you need to do is you need to control the skies, and ideally, you need to be able to control the seas. In order to do that, you need to field trillions of dollars, or deploy trillions of dollars to create and manage a comprehensive Air Force and a navy. But with where things are going in terms of drone warfare and the collapsing cost of drones, you're starting to get to the point now where nation states that traditionally could not field an Air Force or a Navy are able to basically replicate and recreate that same kind of effect for pennies on the dollar. So I wouldn't necessarily focus as much on on the spend in terms of percentage of GDP and how big that war chest needs to be, because you get to understand the technology and the tools and the platforms that are going to be needed to reshape and kind of win this, this concept of the 21st century is changing because the economics of war, sharing of warfare, completely changed. 24:13Bill, the other question, Bill Deuchler 24:16here we go. Yeah. I was wondering if Hamlet, in particular, if, if you saw the interview with Marco Rubio and Cathryn herring, I think it was just the other day, it was on, I saw it rep posted on The Rubin Report that That, to me, was quite interesting. It seemed almost like not even real politic, but like real economic in terms of that's those are the terms of the deal that we're trying to push through, and at the same time, get peace between Ukraine and Russia. And any thoughts on that one? Well, Speaker 2 24:57I missed that interview or the specific term. They discuss, what so the the top levels that he discussed, yeah, Bill Deuchler 25:03it was, it was fascinating because it really centers pretty much all around the rare earths opportunity and negotiations. Essentially, the way that it boiled down for me is that if, if Ukraine is willing or to to give us a piece of that pie. We will come in, you know, with the full weight of everything that we have, and sort of demand a piece. But the price of that is, is absolutely an economic interest in their rare earth production. Hamlet Yousef 25:39Yeah, like, I mean, there isn't a single piece of modern technology that functions without some some critical minerals or rare earths in China for a better part of 20 plus years, has been slowly trying to monopolize that segment, in that sector. So it would make sense for us to say, Listen, if we come in and kind of help help moderate or help bring about peace, one of the things we want to return is access to those critical materials and minerals. So to strike that kind of a bargain, to me, doesn't, doesn't, doesn't. To me, seen out of the ordinary. But just think about it though. Let's just kind of play this out. If there is a grand bargain and there is, quote, unquote peace between Ukraine and Russia. In return, we get access to we the US and the West get access to rares and critical materials and minerals that basically make our function, or make our society function, not to mention play a key part in basically every piece of modern defense like that's out there. That's a good thing from a stabilization standpoint. But again, it does not mean the conflict is over. I don't think that that Xi broke up one day and decided up to upset the apple car. I don't think Putin woke up one day and decided to mark March westward and kind of light Eastern Europe on fire. I think both of these guys, to a certain extent, have been operating off the same sheet of music, which is expanding their influence in the region and replacing, not counter balancing, but replacing western US influence. So just because there is a cessation of or ceasing in the conflict, direct conflict of shooting each other in eastern Ukraine, I think the 10 minutes that conflict do not go away. That's why I think we are kind of in the beginnings of a much greater conflict. The difference is going to be, it's going to it's going to turn from being a a war where people are shooting each other to a more cognitive warfare campaign, more than a regular warfare campaign, which is exactly what we had in the Cold War. The role that technology is going to play in this is, I think, disruptive technologies. When you're talking about artificial intelligence, unmanned systems, counter, drone technologies, drone platforms, swarms, quantum cyber security, space based platforms and communications network all this, to me, is analogous to what nuclear was in the first Cold War. The West and Russia got to a point of detent because there was this massive arms race around nuclear, and each side began to realize that this thing ever went to war, nobody wins, because the Arsenal on both ends is so debilitating that conflict was not an issue. Conflict was not a solution. And I think what's going to happen now, where we're going right now is we're going through that same kind of disruptive, technology driven arms race, where it is going to be a foundation, where detent is going to be the focal area, where, okay, the US and the West is such an incredible arsenal of autonomous and robotics and swarms, as does Russia, as us as does China, then conflict is not an issue. So if that's the case, then I think what you need, you need to understand you have the foundations for each very sound, strong economic base. Because if you have a foundation for a strong sound economic base, you have a strong foundation for political base. If you have that, then you have a nation. You don't have those two, then you think you see the potential for an erosion of a nation to be able to function. And that's kind of what happened with the Soviet Union, is, is we did not get into a physical conflict. We prolong the cognitive warfare long enough to allow the constructive powers of Western democracy and Western society to prevail, and to allow for the corrosive powers and authoritarian regime, or communism, in this case, to collapse. And I think we're gonna see that same exact thing play out over the next 20 years, Bill Deuchler 29:34if I could follow up just real quick on a point, on a whole bunch of points that you made. You think that that the economics and the political points that you've brought up are driving us and or making it easier to become much more of a multi polar world, as opposed to a unipolar world, which is pretty much what we have now. Yeah. Hamlet Yousef 30:00Good question, if, like, if I became for the day, I think the future of global society is, is almost like an expansion of the original American model, where you have a network of independent states that have agency and authority to do to whatever they want at the local level, and they're working under a set of ground rules that basically puts us in the same sheet of music. That's what the foundation the US was supposed to be. And that's, I think, where we were heading for a good part of our history. And I think over the last probably couple election cycles, we're starting to VA slate of whether we want to go to a form of governance and government that is based on strong, centralized authority, or do we want to revert back to what we were, which is a bunch of Independent States? I think if you look at what's going to happen globally, I think globally, we're facing that same kind of decision, whether it's Europe or Asia. Countries are starting to have to decide what kind of future do they want? Do they want to have a future of independent agency and autonomy, or do they want to be under a bit of a centralized state authority? And this is where I think it comes back into play, which is what the CCP wants, and is desires is they want to be the leader of a movement or an effort where you have a couple of strong centralized states or entities that help drive global governance and all kind of report back into a central authority, or, in this case, Beijing, where I think the opposite is, what, where I would hope, and I would think the West wants to go to, is we can all be a bunch of independent nation states. Nationalism is perfectly okay. We're all going to operate off the same sheet of music. There's going to be some bit of of basic ground rules and norms. We're going to intertwine our economies and our societies to to extent that there's going to be a greater bit of self, a great bit of of a reliance upon each other, where conflict is not an issue, or conflict is not an option. So, and I use that to kind of articulate what it means here in the US. 2020 to 2020 24 is all the rage. All we're getting to a set and we get we're going down a path of civil war. No, we're not. Because, I mean, if you, if you, if you Canvas this room, if you Canvas any room in the US, depending on the part of the world you're on, anywhere from 5050, 6047, 30 people are on one side of the political aisle or the aisle. We may agree and disagree with a great ton of vitriol, but our society as a country, I think, so well intertwined that we're going to find our way to sort our issues out and resolve it and not get into conflict. My hope and my desire is to see the same thing happen globally, where you don't have a central authority that's dictating governance and dictating authority and rule, you have a bunch of independent nation states highly nationalistic doing whatever they want, as long as it doesn't encro on your neighbors, as long as it doesn't come at a level of conflict to get there, I think would require for us to to a certain extent, begin to intertwine our economies, inter society and culture, where there is going to be a reliance on each other, but without authority. Hopefully, that makes sense. Yeah, 33:14no. Thank you. This Mark Sanor 33:17is fascinating. Wait, Bill, I like the art behind you. Three years ago, two days, our community gathered every single day, 7:30am because we came to Ukraine, Ukraine, I'm wondering, because we're just trying to also that was more of like help. I feel like we're adding a moment where a weekly meeting isn't good enough. This is so happening very fast. If you were to form a panel with diverse opinions, I'd like you to think about who would you invite to this next discussion? Definitely on Tuesday, we should be almost meeting twice a week. Steve is like going to prepare for No, no. I mean, we do this anyways, but I feel like we're this is happening very quick. Now you've got the 24 point playbook. We should just read that play book 20 points. But I feel like you're a great resource. I'd like to bring some others to the table in a 360 like style. And I know as a few people, they didn't want to be on record today, that's an issue, so maybe some private gatherings. But we're all here today to figure out how to we all agree on tech transformation, yeah, but geo political context, where do you do that? And but bigger picture, just like mechanically, of how our community should be? Nothing in Hamlet Yousef 35:02each other like I've been I've been tapped to speak to a couple of other groups like this, where it's a syndicate of thought leaders, business leaders and community leaders that began very US centric, but things very quickly morph into an international network of of vested capitalist Michael, better word, I think it's important for us to continue that conversation. I'll go on the record here in terms of my politics. I do not believe in a strong, centralized government. I think government is something that we elect to help kind of manage this enterprise. But I think society should be run in a bit of an open architecture, where industrialist, investors, people of influence, capitalists, are working together to create an open market of free and fair competition, and kind of let the let the winners go from there. So the more engagement, the more dialog we have with stakeholders in the US, but obviously in Europe, Africa, Latin America and Asia. I think it's critical, because I wanted to make sure that this concept of We the People, which was the foundation of the US system, is something we export to the world. It's we, the people mindset of we're going to take agency and authority and control over our future and try to create a network of intertwined business, personal and social relationships that allow us all to benefit. If there's conflict, we'll sort our shit out. But sorting that out won't happen through direct conflict of warfare. It won't happen through through engagement and dialog. 36:45We haven't touched on the Middle East. 36:49Yeah, so look the Middle Hamlet Yousef 36:52East. The Middle East is an issue China, China and Russia, to me, represent some significant strategic challenges that we need to we need to fix full bias. I was born in Iran, came here to the US, and I lived through the Iranian revolution. So my comments here are 100% bias against the Iranian regime. I abhor them, but I also view the regime inside Iran as the single most grave threat near term to political, geo political stability and peace in the world, primarily because you have a regime right now that's being run by a very narrow group of people who not only view and want to run it as a theocratic state, but their specific SEC of ideology in Shia, Islam believes in the the ascendancy of the hidden Imam, or the return of the hidden Imam that happens on the region When the region is is under complete turmoil and chaos. That's not who you want to have becoming nuclear power. And I think the failure of the West over the last 20 years is a failure to understand that it is that is who is in charge of Iran. That's not who you want in charge of Iran when the country becomes a nuclear state. On the positive side. I think the Middle East, more than ever, is on the precipice of a significant Renaissance, Geo, politically and economically. I think if you look at the the Arabs, if you look at the folks inside Iran, not represented by the government, you look at Turkey, Israel, demographics are in their favor, and I think you have the potential for massive growth in the region. The issue there, obviously, is the Iran piece, and it's going to be interesting to see what happens over the next, next couple months. I think, no doubt, Trump did not agree with the the Obama approach to Iran, which was, I want to get his assets also recall. But I think he obviously put a max pressure campaign on Iran in 2016 and 2020 I would not be surprised to see obviously a return of that. Because I do think if you look at the regime inside Iran is it is on very thin ice, and actually it's very similar to Putin and Xi. All three are authoritarian regimes that don't have a thick foundation of stability below them, but with Iran, if you do get regime change inside Iran, you're not going to get exactly what we want. You might get more of a Russia style cryptocracy or oligopoly that's going to run the country. But what you do, and what you should get, hopefully, is a removal of of the shia sect that has almost like an End Times view of the world. Now you're stuck with a regime that is not, maybe not ideal when it comes. Of human rights, but is one. It's not hell bent on light in the Middle East on fire. That's the issue I think we're facing near term here with Iran. Speaker 1 40:11And can we shift gears to the South China Sea and your thoughts on where we are there? And what does it mean, given how the US spread sales and fighting these multiple conflict phase, these things resolving themselves over in South China Sea and Taiwan, Hamlet Yousef 40:31yeah. Well, depending who you listen to, the South China Sea is going to turn into a hot war as early as 2025 2026, 2030 the list is pretty wide in terms of where the one of the speculation is going to be. The one thing that gives me a little bit of hope is, is China and generally, is not a a country that likes to fight directly. Their view, I think, is more indirect. So, yes, there's a threat of them, one day, waking up tomorrow, invading Taiwan. It's a real, real threat that we need to be obviously concerned with. But I think one of the things that they've seen, and this has been a lesson learned for Xi, and it's probably why he wanted Putin to go first in terms of a in nation state land grab, is he wanted to see what global cancel culture was going to look like on a geopolitical stage. And he saw that, but he also saw is it's not easy to conquer another country, and this is a flat terrain where you got a bunch of embeds within eastern Ukraine to help you win that war. And Russia has had a pain, and there a lot of difficulty in doing that. Taiwan has been getting ready for this for decades, and it's a it's an island. So invading an island is a lot more difficult than invading a sovereign piece of territory that's flat. So I think what China is probably going to try to do is much more of a longer term campaign in terms of what they've done with Hong Kong, which is the slow as fixation of trying to bring the Taiwanese into their fold. So do I think the South China Sea is going to go hot. God, I hope not do. I think you have a potential for hot conflicts, whether it's with the Philippines or other, other, other, other fires. And the reason, I think that's that's a real concern, the dynamic that would change that, though, is if you have a rapid decline or ascension of challenge to xi, because xi is the Communist Party, is no longer what rules China. I think what Xi has done over the last several years is very quickly consolidate power. This is no longer a country that's run by a single party. It's a country that's run by a single individual. At some point, xi is going to have to deal with some part truths driven by collapsing demographics or collapsing real estate sector, migration of jobs out of China, and real pressures on their economic foundation. At some point, 1.3 billion Chinese people are going to wake up and realize that, though they were on the path to being part of the global economy in a in a major power house, they're facing some significant issues that have been mismanaged by one person in that g1, point 3 billion people. If you look at the Communist Party and the folks that are around g keep it in power. Estimate is estimate. Estimates range anywhere from a couple million to 20 to 30 million people. 30 million people. So if things get really bad at home, that's when I think you have a risk of xi doing something stupid, which is going after the South China Sea. In terms of the conflict, I think there's probably a greater chance that Xi actually marches north and starts constituting land back in his favor in Siberia than he does heading inside into the South China Sea. Hope I'm right on that one, but we'll see. Speaker 1 43:47So we have, we have a hard stop Mark told me at nine. So going to rapid fire some questions. So short questions and a quick answer. So Adam first. Michael, up. Adam Blanco 44:05Thank you. Steven Hamlet, always a pleasure listening to you always while reading your stuff, too. Thank you. My question to you is your thoughts on the negotiations with Putin Trump has literally given away a number of negotiating chips, such as having the discussions with Putin, giving him status as as legitimate leader, inviting him to the g7 How do you explain that? Can you do you have insight on Hamlet Yousef 44:43that? I do not. I'm not going to begin to try to figure out how Trump operates. Like I said, I think if you look at his style, to a certain extent, He probably likes to operate in a world of chaos, doing the unconventional. That's That's who he is. He's not. A refined political savan who's been a political operator for decades. He is what he is. He is a shrewd, hard, charging negotiator who cut his teeth in probably the most brutal fight there is, which is New York real estate. I think he's bringing, he's bringing his style and his 10 minutes to that if I was president, is that the approach I would take? Probably not. I'd probably take a different approach. But he's the guy who's in charge right now, and this is the the style he's taken. And I think to a certain extent, it's, it's, it's, it's unconventional, to put it mildly, is it going to work? Look, obviously, he's betting it is in that kind of a style, though, if you do like to operate through chaos and uncertainty, you can't look at every action and judge it in a vacuum. You got to understand that this is one movement many. So I would think, in his mind, this is a way of getting to some sort of near term physical piece, while allowing us to work on a much greater, grander piece, which is hopefully the removal of these authoritarian misfits in xi, in Putin and in the regime that's inside Iran. And this is, I think, the beginning steps of it. What that means, going back to Stephen's earlier slide, is geopolitical instability, I think, is just beginning. It's not ending anytime soon. Yeah, 46:25I would agree with that. Maxwell Nee 46:29Max, yes. Hi everyone. Max will here from Singapore, really appreciate this earlier call. So you know, feels like Hamlet we've been in, you know, conflicts. I don't know ping pong for just forever, but I remember distinctly there was a period where this sort of stuff just wasn't happening over and over and over again. So I guess my question is like, what do you think you would take for all of this conflict, ping pong, to start to dissipate, and for the war to get back to what some of us might remember 10 years ago? You're Hamlet Yousef 47:15not going to like the answer, more conflict. And I don't more conflict in terms of more war, but I think a conflict in ideology. We're not going back to where we came from, if anything. I think within with the last couple years and the next couple of years represents is basically the end of the world war two era as we've known it. I think world is the world is about to change as we know it, between 1890 and 1950 the world changed. You had the rise and fall as you had, I'm sure. You had the fall the British Empire. You had the rise of the US, the US as a superpower. You had a complete balkanization and factoring of the Middle East and Eastern Europe. You had two world wars. You had a pandemic and you had a global market crash. The world went from the horse and buggy and oil power to lamp to the nuclear age and landing on the moon. All that happened in 60 years. Disruptive technologies were, I think, a key driver that had significant impact on geo politics and global governance. We're going through that same kind of innovation cycle and change right now, but it's not going to take 60 years for this to sort itself out. I think it's going to take probably the next 10 years, which means massive, massive, massive, massive amounts of geo political instability and uncertainty and change. I think we can come through this, but I think it's imperative for private capital and leaders within industry to be attached to hit so we can navigate this as allocators and as investors. If you do the kind of a long term buy and hold approach that had worked in in the prior 67 years, you're not going to do well if you're plugged in and if you're informed, and you're trying to develop information edge and advantage, and you can allocate in a very, very nimble, focused fashion, I think there's an opportunity for significant wealth creation in The next 10 minutes. Thank you. We're 49:22going to, we have to 49:26Anthony Oh, one part question, only one question. Anthony Gordon 49:35Oh, yeah. Well, first, there is no one question, because, as we know, it's extra inextricably linked, content, impetus wise, etc, so I'll ask it, and then just cut me off, etc. So basically, and forgive me if I didn't hear my memory short, I didn't hear talk about energy independence, us. And so I would say that there is a forward during the course of time that you. But you know you described. And so the question is, if I'm correct, does some form of us, energy independence, create a change into this forward mantra Trump as a headline is less or no war, right? And so what does that actually mean? And then how the fact that China has put down its roots into the rare earth minerals in Africa. And then how does that feed from that north up into the south? And then lastly, in that regard, Europe, which is part of the impetus for this, from whether it's Mid East or the gas prom cut off. How does that now play into it. I'm just trying to create these tangible things. Means. And then the other thing I didn't hear is that what I would say is not necessarily a 70 style resurgence, but there is clearly a lot of disruption. 50:58Alright, I love you. I will answer that. I'm Hamlet Yousef 51:04reading lip sir, I think no, but great, great, multi part question. I think it actually answered back and tie a lot of these pieces together. First of all, I think China has some significant issues. I think what China has done over the last 20 years through their Belt and Road Initiative is they put out a lot of money and influence throughout the world to basically to colonize is exactly what they've done, physically and financially. They're taking over nations and resources. That's no different than being a predatory pay day loan provider. And I think what's starting to happen in the Global South and Latin America, particularly as well as Africa, I think you have nations are starting to wake up and read the finer details of the loan docs that they signed and realize that they're royally screwed. But what's starting to happen is, I think you're starting to see and I think you will see more of these nations begin to default and basically tell China to go pound sand. That opens up the opportunity for Western capital, both European and US, to come in and start partnering with local families, local industrials in the global south who want to rebuild and reshape their country and want to bring in that Western style capital. The issue there with China is, if all these countries begin to default, that is going to significantly accelerate the pressures that xi is going to have at home, which, going back to, I said earlier, could be a trigger for Xi becoming more desperate, more violent, if he faces him in a collapse at home. In terms of energy independence in the US, I think, under the under the current administration, and hopefully going forward, energy independence is gonna be a key foundation for the US. I am pretty bearish in terms of geo political instability in the near term, the next 1015, years. I think as a society, we can come out of this, but we gotta sort our own stuff out. If I look at near shore or kind of what's happening in the Western Hemisphere, I think there's a real opportunity for the creation of a super economic base or a super power in close collaboration between Canada, the US and Mexico, and I think eventually that movement can move out throughout the Americas. I don't say I don't care about what's happening, what's happening the rest of the world, or Europe or Asia. I do, but I think there's a real opportunity for there to be almost a bit of self reliance, at least in North America, if not throughout throughout South America. On the European front, I think Europe is going to have to go through their own kind of growing pains here. I think the European model of creating the EU and the EC thing worked on paper. I think it failed in execution. I think they're going to have some some serious issues. Again, they're going to sort through, not only economic but also geo political ly and from a demographic standpoint. So I think Europe is, I think they're probably entering, entering their quote, unquote lost decade, where they're going to have to find a way to soul search and fear or figure out what their form of of self self reliance and self governance is going to be, and what scares the shit out of them is you have a belligerent bear on the Eastern Front that wants to march westward. So Germany, I think, is is deflated. And I think who comes out very strong in this process is, is, I think Poland. I think Poland now is probably positioned to become one of the de facto leaders in Europe, because they're massively spending on their own self reliance and autonomy and defense, and they view themselves as kind of the guardians or the plug that's initially going to prevent that western expansion by by Putin. I think that that address all the questions you had or points you brought up. Stephen Burke 54:47Michael, I'm sorry at the nine o'clock mark, so next week, please, and Hamlet, thanks very much. Any closing thoughts for you, Hamlet, Hamlet Yousef 54:59I'm near term. Near term bearish, long term bullish. And I think the future is in our hands as leaders in capital industry. I think we need to work together and create this, this network of inter reliance of capital. I think the future is very bright. I think the amount of innovation that's going to happen is going to reach reshape the way we live our lives. As a technology investor, I just hope that we continue to invest in technology that liberates and integrates and does not give authority and power to the central agency or central authority to control us, because that's what you have in China, but the future is in our hands at this point. Speaker 1 55:38Thank you very much. Great, great session, and we appreciate your providing the insight. Steve, thank you everyone. Speaker 2 55:47Thanks for the opportunity. We'll see bye you shortly. 56:02Simon, you on your way. Still live. 56:12Very good. You. 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US-Ukraine defense agreements, Japan’s economic data, New Zealand’s consumer confidence, and China-US military discussions. It also addresses Singapore's fiscal surplus. Synopsis: A round up of global headlines to start your day by The Business Times. Written by: Howie Lim / Claressa Monteiro (claremb@sph.com.sg) Produced and edited by: Claressa Monteiro Produced by: BT Podcasts, The Business Times, SPH Media --- Follow Lens On Daily and rate us on: Channel: bt.sg/btlenson Amazon: bt.sg/lensam Apple Podcasts: bt.sg/lensap Spotify: bt.sg/lenssp YouTube Music: bt.sg/lensyt Website: bt.sg/lenson Feedback to: btpodcasts@sph.com.sg Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. Discover more BT podcast series: BT Mark To Market at: bt.sg/btmark2mkt WealthBT at: bt.sg/btpropertybt PropertyBT at: bt.sg/btmktfocus BT Money Hacks at: bt.sg/btmoneyhacks BT Market Focus at: bt.sg/btmktfocus BT Podcasts at: bt.sg/podcasts BT Branded Podcasts at: bt.sg/brpod BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.
If you like my work and would like access to bonus episodes, early access to episodes, all my writing, and the Subversive Community, please consider signing up on my Substack or Patreon:https://www.alexkaschuta.com/https://www.patreon.com/aksubversiveThe story about AI in the West is escalating —breakthrough after breakthrough, each more hyped than the last. But across the globe, China works in parallel, under different politics, with different intentions. Today, I'm speaking with Steve Hsu about this mysterious counterpart in the AI race. How real is America's technological edge? Is China's authoritarian approach hampering innovation or accelerating it? As Western researchers obsess over the AGI apocalypse, are their Chinese counterparts free from such existential handwringing?Steve Hsu is a physicist, an academic serial deep tech founder - Genomic Prediction, Othram, and SuperFocus - and a 21st-century Rennaisance man. You can find him on X @hsu_steve and Substack: https://stevehsu.substack.com/Chapters00:00 The State of AI in China vs. the West04:52 Cultural Perspectives on AI Ethics07:48 The Nature of AI and Superintelligence11:28 Collaboration and Competition in AI Research19:15 The Future of Quantum Computing and AI24:57 The Potential for Global AI Hegemony30:02 Human Adaptation to AI Technology34:33 Navigating the Trough of Technology and Mental Health35:44 Generational Perspectives on Technology and Parenting39:52 AI Innovations in Child Development43:01 Fertility Crisis: Global Implications and Trends47:56 Cultural Shifts and Modern Relationships51:46 Parenting in a Changing World59:03 Underrated Thinkers and Their Impact
China encourages foreign businesses to expand investment in sectors including advanced manufacturing, modern services, high-tech industries and energy conservation, further advancing its economic openness and innovation-driven growth, government officials said on Thursday.2月20日,政府官员表示,中国鼓励外资企业在先进制造业、现代服务业、高新技术产业、节能环保等领域扩大投资,进一步推动经济开放和创新驱动发展。Speaking at a news conference in Beijing, they said that China will soon introduce the 2025 edition of its industry catalog encouraging foreign investment. The new catalog will further expand market access for foreign investors in key industrial sectors.在北京举行的新闻发布会上,政府官员表示中国将尽快发布2025年版《鼓励外商投资产业目录》。新版目录将进一步扩大外资在重点产业领域的市场准入。Their remarks came after the State Council, China's Cabinet, issued an action plan on Wednesday aimed at stabilizing foreign investment this year.2月19日,国务院公布《2025年稳外资行动方案》,做好今年年稳外资工作。随后相关部门作出上述回应。As part of the plan, China will lift restrictions on domestic loans for foreign-invested businesses, allowing them to use domestic financing for equity investments. It will also support pilot regions in effectively implementing opening-up policies related to areas such as telecommunications, biotechnology and wholly foreign-owned hospitals, offering comprehensive services to facilitate foreign-invested projects in these sectors.方案提出,中国将取消外商投资性公司使用境内贷款限制,允许外商投资性公司使用境内贷款开展股权投资。支持试点地区抓好增值电信、生物技术、外商独资医院领域开放试点政策宣贯落实,对相关领域外商洽谈项目开展“专班式”跟踪服务。Hua Zhong, head of the department of foreign capital and overseas investment at the National Development and Reform Commission, said the new catalog will reflect China's economic growth trends and industrial advancements.国家发展改革委利用外资和境外投资司负责人华中表示,新版目录将反映中国的经济增长趋势和产业进步。"We will collaborate with other government branches to align with high-standard international economic and trade rules in key areas, including intellectual property protection, industrial subsidies, labor rights and government procurement, ensuring compatibility in regulations, management and standards," Hua said.华中说:“我们将与其他政府部门合作,在产权保护、产业补贴、劳动权益、政府采购等重点领域,与高标准国际经贸规则接轨,确保在法规、管理、标准方面的兼容性。”Wang Xiaohong, a researcher at the China Center for International Economic Exchanges in Beijing, said the new catalog is expected to further attract capital into emerging industries, reinforcing China's position as a global hub for high-tech and green development.北京中国国际经济交流中心研究员王晓红表示,新版目录有望进一步吸引资本流入新兴产业,巩固中国作为全球高科技中心和绿色发展中心的地位。Yao Jun, director of the department of planning at the Ministry of Industry and Information Technology, said the government will actively support entrepreneurs and investors from all countries in innovating and starting businesses in China, encouraging foreign companies to establish research and development centers and collaborate with domestic enterprises.工业和信息化部规划司司长姚珺表示,政府将积极支持各国企业家和投资人来华创新创业,鼓励外资企业在华设立研发中心,并与国内企业开展合作。China will promote foreign participation in digital development, green transition and smart manufacturing, as well as facilitate localization of advanced technologies and solutions, Yao added.姚珺补充说,中国将支持外资企业参与中国制造业的数字化、绿色化和智能化发展进程,加快先进技术和解决方案在中国的落地和应用。Foreign-invested businesses in China play a significant role in the economy, contributing one-seventh of tax revenue, about one-third of foreign trade and half of electromechanical and high-tech product exports, as well as creating nearly 7 percent of employment opportunities, according to data from the Ministry of Commerce.据商务部数据显示,在华外资企业在中国经济中发挥着重要作用,贡献了七分之一的税收、约三分之一的进出口、二分之一的机电产品和高新技术产品的出口,创造了近7%的就业机会。To date, foreign investment in China spans 20 industrial categories and 115 major sectors. In the manufacturing sector alone, foreign capital is present in 31 major categories and 548 subcategories.截至目前,外商在华投资已覆盖了20个行业门类、115个行业大类。仅在制造业领域,就有31个大类和548个小类都有外商投资。To further enhance national treatment for foreign-invested enterprises, Ling Ji, vice-minister of commerce and deputy China international trade representative, said the country is actively revising its Government Procurement Law and exploring specific standards for "domestic production" by foreign companies in this area.商务部副部长兼国际贸易谈判副代表凌激表示,为进一步提升外资企业的国民待遇,中国正积极推进政府采购法的修订,研究制定外资企业在政府采购领域“中国境内生产”的具体标准。Despite rising geopolitical tensions and the growing trend of unilateralism and protectionism, Ling emphasized that China's vast market, highly efficient industrial and supply chains, and continuously evolving innovation ecosystem provide a strong foundation and fertile ground for multinational companies to invest and expand in the country.凌激强调,尽管地缘政治紧张局势加剧,单边主义、保护主义明显上升,但中国超大规模市场、完备高效的产业链供应链、持续优化的创新环境,这些都为跨国公司在华投资和扩张提供了坚实的基础和良好的土壤。Noting that the United States' tariff hikes disrupt normal China-US economic and trade cooperation and fail to address its own challenges, Zhu Bing, director of the Commerce Ministry's department of foreign investment administration, said that such measures not only harm foreign-invested enterprises in China, including US companies, but also erode multinational corporations' investment confidence and decision-making abilities.商务部外国投资管理司司长朱冰指出,美国加征关税的做法不仅对中美正常经贸合作造成破坏,也无益于解决自身的问题,既不利于包括美资企业在内的在华外资企业发展,也会干扰跨国公司的投资信心和决策能力。"While some foreign, labor-intensive businesses are adjusting their global footprint and reallocating production capacity based on their strategic priorities and comparative advantages, many multinational corporations are evolving their investment strategies to stay competitive in China," Zhu said.朱冰表示:“虽然有一部分劳动密集型外资企业正在根据其战略重点和国内外比较优势,在全球范围内调整布局、重新分配产能,但许多跨国公司正在调整其投资策略,以保持在中国市场的竞争力。”Several foreign companies have expanded production lines for high-tech products, including high-end displays and new energy batteries, signaling a shift toward advanced manufacturing. Others have increased investment in their research and development centers in China, further upgrading their innovation capabilities.有的外资企业增加了高端显示、新能源电池等一些高技术产品的生产线,向先进制造业转变。还有的企业扩大了在华研发中心的投资,进一步提升其创新能力。For example, Panasonic Holdings Corp of Japan will start construction of a factory in Shanghai in July to produce semiconductor packaging materials, with an investment of 120 million yuan ($16.5 million).例如,日本松下控股公司宣布其生产半导体封装材料的新工厂将于7月在上海破土动工,投资额为1.2亿元人民币(1650万美元)。"China's well-developed supply chain, supportive policies, abundant R&D talent, continuously advancing innovation ecosystem and vast market potential make it an attractive destination for multinational companies," said Tetsuro Homma, executive vice-president of Panasonic.松下执行副总裁本间哲郎表示:“中国完备的供应链、支持性政策、丰富的研发人才、不断优化的创新环境和巨大的市场潜力,让它成为对跨国公司颇具吸引力的投资目的地。”Data from the Ministry of Industry and Information Technology shows that China saw actual use of foreign investment in the manufacturing sector exceed 220 billion yuan in 2024, after it removed all market access restrictions for foreign investors in the sector last year.据工信部数据显示,2024年中国全面取消制造业外资准入限制后,这一年制造业实际使用外资超过了2200亿元人民币。equityn.(公司的)股本;股票
On this date in 1972, Richard Nixon to an unexpected, bold step to normalize trade with Communist China. The latest on today's China-US relationship, plus the morning's breaking news on Hour 3 of the Friday Bob Rose Show for 2-21-25
China has reaffirmed its commitment to resolving mutual concerns through equal dialogue and consultation with the United States, emphasizing that Washington's unilateral tariff hikes are disrupting normal economic and trade cooperation between the two countries, according to China's top commerce official.中国商务部高级官员表示,中方已重申希望与美国通过平等对话磋商解决各自关切,并强调美方单边加征关税的做法正对中美正常经贸合作造成破坏。In a letter sent on Wednesday to Howard Lutnick, the newly appointed US secretary of commerce, Chinese Commerce Minister Wang Wentao expressed China's concerns over US tariffs on Chinese exports, the Ministry of Commerce said in an online statement.据商务部的一份在线声明显示,2月19日,商务部部长王文涛向美国新任商务部长霍华德·卢特尼克致信,就美对中国输美产品加征关税表达中方关切。Wang said that economic and trade relations form a critical pillar of China-US ties. Both sides should strive to foster a fair and predictable business environment to support sustainable economic engagement, he added.王文涛表示,经贸关系是中美关系的重要组成部分。双方应努力营造公平、可预期的商业环境,以支持可持续的经济合作。The US government's aggressive tariff policy is bound to fail, as history has proved that wielding the tariff stick only leads to price hikes, exacerbates inflation and disrupts global trade, economists said.经济学家指出,美国政府激进的关税政策注定失败,因为历史证明,挥舞关税大棒只会导致价格上涨、加剧通胀并扰乱全球贸易。Highlighting that tariffs are duties ultimately imposed on US businesses and consumers, they said that rather than bring manufacturing back to the US, protectionism would isolate Washington in the world economy and politics.他们强调,关税最终是由美国企业和消费者承担的,保护主义不仅不会让制造业回流美国,反而会使美国在世界经济和政治中陷入孤立。Their comments came after US President Donald Trump said on Tuesday that he intends to impose auto tariffs "in the neighborhood of 25 percent" and similar duties on semiconductors and pharmaceutical imports. This is the latest of a series of US measures threatening to upend international trade.2月18日,美国总统唐纳德·特朗普表示打算对汽车征收“约25%”的关税,并对半导体和药品进口征收类似关税,随后相关人士发表了上述评论。这是美国一系列威胁颠覆国际贸易的最新举措。Sebnem Kalemli-Ozcan, a professor of economics at Brown University in the US state of Rhode Island, said, "Economists don't typically agree on all things, but if you ask me what is one thing they do agree on, it's that tariffs are costly to the American consumer in the end."美国罗得岛州布朗大学经济学教授塞布内姆·卡莱姆利-奥兹坎表示:“经济学家通常不会在所有事情上达成一致,但如果你问我他们会在哪件事上达成共识,那就是关税最终会让美国消费者付出代价。”Trump imposed a 50 percent tariff on imports of washing machines in 2018. As a direct result, the value of washing machines jumped by around 12 percent, and US consumers paid around $1.5 billion extra a year in total for these products, researchers from the University of Chicago estimated in a paper published in 2019.2018年,特朗普对进口洗衣机征收了50%的关税。芝加哥大学的研究人员在2019年发表的一篇论文中估计,这一举措直接导致洗衣机价格上涨约12%,美国消费者每年为此类产品总共额外支付约15亿美元。Kalemli-Ozcan also expressed concern about the inflationary impact of the extra tariffs.卡莱姆利-奥兹坎还对额外关税的通胀影响表示担忧。The US consumer price index jumped 0.5 percent month-on-month in January, the biggest gain since August 2023. This was higher than expected, as Americans face higher costs for a range of goods and services, Reuters reported.据路透社报道,美国1月消费者价格指数环比增长0.5%,这是自2023年8月以来的最大涨幅。这一涨幅高于预期,因为美国人面临一系列商品和服务成本的上涨。Computer manufacturer Acer said that the price of its laptops would increase by 10 percent next month due to US tariffs.计算机制造商宏碁表示,由于美国关税,其笔记本电脑的价格下个月将上涨10%。"Tariffs (could) also lead to appreciation of the dollar, meaning it will be hard for US exporters to sell their goods to other countries, even in the absence of any retaliation from any country that it imposes tariffs on," Kalemli-Ozcan added.卡莱姆利-奥兹坎补充说:“关税还可能导致美元升值,这意味着即使受加征关税影响的国家不实施反击,美国出口商也很难将商品销售到其他国家。”Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University, said a multifaceted rationale exists behind the aggressive US trade policy, citing reasons such as attempting to weaken China, pushing for compliance with US foreign policy demands and boosting US exports.哥伦比亚大学可持续发展中心主任杰弗里·萨克斯表示,美国激进贸易政策背后的动机是多方面的,包括试图削弱中国、迫使他国屈服于美国外交政策要求、增加美国出口等。"But Trump's strategy is bound to fail," Sachs said. "China will diversify its trade to the rest of the world, while the US will increasingly lose competitiveness of its own exports in third markets."萨克斯说:“但特朗普的战略注定失败。中国将在全球实行贸易多元化,而美国将在第三市场逐渐失去其出口竞争力。”Li Zhi, assistant dean of the China Institute for Development Planning at Tsinghua University, said, "Eight years ago, the US government tried to use the tariff weapon to make the US great again, but the result was soaring prices domestically, blocked manufacturing investment and disrupted global supply chains."清华大学中国发展规划研究院院长助理李治表示:“八年前,美国政府试图利用关税武器让美国再次伟大,但结果是国内价格飙升,制造业投资受阻,全球供应链中断。”"The trade war launched by Washington has proved to be of little use to help it reduce the deficit," Li said. "We need to learn how to compete and cooperate more gracefully."李治说:“美国发起的贸易战已被证明对其减少赤字几乎没有帮助。我们需要学会如何更优雅地进行竞争与合作。”Wang Changlin, vice-president of the Chinese Academy of Social Sciences, said Trump is triggering widespread trade frictions with his tariff plans. "Such an approach will drive up inflation in the US, disrupt global supply chains, and accelerate the restructuring of global industrial, technological and energy resource landscapes. As a result, global economic growth is expected to slow further," Wang said.中国社会科学院副院长王昌林表示,特朗普的关税计划正在引发广泛的贸易摩擦。“这种做法将推高美国通胀,扰乱全球供应链,并加速全球工业、技术和能源资源格局的重组。因此,全球经济增长预计将进一步放缓,”王昌林说。Shi Hongxiu, a professor of economics at the National Academy of Governance, said: "The tariff policy reflects a decline in US influence in global trade, as it increasingly resorts to protectionism to shore up domestic industry. Such moves will trigger countermeasures from its trading partners and deal a blow to global supply chains."国家行政学院经济学教授时红秀表示:“关税政策反映出美国在全球贸易中的影响力下降,因为它越来越诉诸保护主义来支撑国内产业。此类举措将引发其贸易伙伴的反制措施,并对全球供应链造成打击。”Cheng Dawei, a professor at the School of Economics at Renmin University of China, said Trump called for "reciprocal tariffs".中国人民大学经济学院教授程大为表示,特朗普呼吁“互惠关税”。"But such remarks are unfair and contradict the laws of the World Trade Organizations," Cheng said. "Under WTO rules, special and differential treatment should be applied to developing countries. Trump's planned 25 percent tariff on all imported automobiles violates such rules."程大为说:“但这种言论是不公平的,并且与世贸组织的规则相矛盾。根据世贸组织规则,发展中国家应享有特殊和差别待遇。特朗普计划对所有进口汽车征收25%的关税违反了这些规则。”wieldv.挥舞,握,抓着(武器或工具)appreciationn.(价格,价值等的)上涨,增值retaliationn.报复;反击
Tesla risks being caught up in the China-US trade war, while US officials head to Saudi Arabia to start peace talks over Ukraine. Indonesia reaches “Opec status” as it dominates the global nickel trade. Plus, the US-India deal signals a bonanza for US gas imports. Mentioned in this podcast:Tesla braces for delay to China licence as Trump trade tensions mount The ‘Opec' of nickel: Indonesia's control of a critical metal European countries clash over sending troops to UkraineSubscription promo: ft.com/briefingsaleThis episode of the FT News Briefing was produced by Josh Gabert-Doyon, Fiona Symon, Lulu Smyth, Sonja Hutson, Kasia Broussalian, and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
CATL reicht in Hongkong Unterlagen für eine Zweitnotierung ein. Der mögliche Erlös von mehr als fünf Milliarden Dollar wird für die Expansion in Europa gebraucht.
In this edition of Wilson Center NOW, we highlight the latest edition of the Wilson Quarterly, “In Search of Our Narratives.” Joining us are editor Stephanie Bowen and contributor Robert Daly, Director of the Wilson Center's Kissinger Institute on China and the United States. The issue, “turns to some of the world's most respected global leaders and foreign policy thinkers to share the narratives that have helped guide them and the world through past times of challenge, and which can inspire us as we seek a brighter, more peaceful and prosperous future.” https://www.wilsonquarterly.com/quarterly/in-search-of-our-narratives
Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on Twitter, Instagram, Facebook, Threads and YouTube
World news in 7 minutes. Wednesday 5th February 2025.Today: Sweden shooting. Greece earthquakes. Ukraine update. Argentina horses. El Salvador offer. China US tariffs. Samoa Kennedy lies. Nigeria witchcraft. Uganda ebola. Space asteroid chances.SEND7 is supported by our amazing listeners like you.Our supporters get access to the transcripts and vocabulary list written by us every day.Our supporters get access to an English worksheet made by us once per week.Our supporters get access to our weekly news quiz made by us once per week. We give 10% of our profit to Effective Altruism charities. You can become a supporter at send7.org/supportContact us at podcast@send7.org or send an audio message at speakpipe.com/send7Please leave a rating on Apple podcasts or Spotify.We don't use AI! Every word is written and recorded by us!Since 2020, SEND7 (Simple English News Daily in 7 minutes) has been telling the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi, Ben Mallett and Juliet Martin every morning. Transcripts, worksheets and our weekly world news quiz are available for our amazing supporters at send7.org. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, TEFL teachers, and people with English as a second language, tell us that they use SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it.For more information visit send7.org/contact or send an email to podcast@send7.org
The Trump administration's 10 percent tariffs on Chinese imports came into effect this Tuesday, leading to immediate retaliation from Beijing. In this special edition, we look at the different ways China retaliated to the US president's measures, which are supposed to stop the flow of the drug fentanyl to American shores. In addition, we see how last-minute talks led to both Mexico and Canada avoiding 25 percent US tariffs for at least 30 days and how businesses have reacted.
By Walker Mills Dr. Colin Flint, a Distinguished Professor of Political Geography at Utah State University, joins the program to talk about his new book, Near and Far Waters: The Geopolitics of Seapower. Dr. Flint discusses why seapower matters and what it can tell us about he future of the China-US rivalry. Download Sea Control 560 … Continue reading Sea Control 560 – Near and Far Waters: The Geopolitics of Seapower with Dr. Colin Flint →
Order 'Build, Don't Talk' (in English) here: https://amzn.eu/d/eCfijRu Order 'Build Don't Talk' (in Hindi) here: https://amzn.eu/d/4wZISO0 Disclaimer: This episode is intended solely for educational purposes and opinions shared by the guest are his personal views. We do not seek to defame or harm any person/brand/product mentioned in the episode. Our goal is to provide information to help audience make informed choices.
While marking the arrival of 2025, students and teachers in the US state of Washington received a precious gift — a New Year card addressed to them with a message from President Xi Jinping and his wife, Peng Liyuan.Lynn Eisenhauer, a music teacher at Lincoln High School in Tacoma, Washington, said it is always a special experience to receive a message from President Xi, and they are glad to know that Xi and his wife received their latest greetings of good wishes.In mid-December, Eisenhauer joined students and teachers from local schools, as well as the US-China Youth and Student Exchange Association in Washington state, to send a New Year greeting card to President Xi and his wife, as well as the Chinese people.More than 100 teachers and students signed the card, on which was written in Chinese: "Commemorating the 80th anniversary of the victory of the Chinese People's War of Resistance Against Japanese Aggression and the 80th anniversary of (the end of) the World Anti-Fascist War. Embracing the New Year, long live peace, and may China-US friendship last forever."David Chong, president of the US-China Youth and Student Exchange Association, said that "due to limited space, many friends couldn't fit their names on the card".He added that the reason the card mentioned the upcoming 80th anniversary of the victories in the War of Resistance Against Japanese Aggression (1931-45) and the World Anti-Fascist War was because "we want the Chinese friends to know that the American people have not forgotten the history of the two nations fighting side by side".In the response card from the Chinese president, Xi and Peng said that during World War II, China and the United States fought together for peace and justice, and the friendship between the two peoples stood the test of blood and fire and is growing even stronger.Ella Martino, a student at Stadium High School in Tacoma, said: "Signing the greeting card for President Xi was an incredible honor and achievement. I, as an American student, want to express my gratitude for the friendship between America and China. I also wish for the longevity of peace between China and America."Brian Suy, a student at Lincoln High School in Tacoma, said of the World War II era: "I am familiar with this period of history and I believe that it is important for students to learn. I believe that this period of history should serve as a reminder for American and Chinese citizens that their countries can work together well, despite how different their cultures and politics are. I am willing to be a successor to keep the relations of the people of China and America strong and close."William Felagai, a student from Lincoln High School in Tacoma, said he "was very thankful and felt very lucky" to receive such a gift as a token of appreciation, and he also knows a little bit about that period of history."I attended a trip to Washington, DC, and was able to hear about the Sino-US friendship from a Flying Tigers veteran himself. He talked about how US soldiers and pilots found refuge in Chinese villagers who were willing to risk not only themselves and their families' lives but their whole village from destruction by the Japanese military," Felagai said.Maryn Sage, assistant principal of Stadium High School, said that this history and President Xi's reference to the Sino-US friendship being "tested by blood and fire" during World War II refers to the cooperation between China and the US as they fought a common enemy, despite their different political systems. "We believe that friendship is a way to foster mutual understanding and trust, reducing the likelihood of conflicts by promoting dialogue and cooperation," Sage said.In the card, Xi and Peng also extended their New Year wishes and expressed their hope that the young people of both countries will continue to participate in China's initiative of inviting 50,000 young people from the US over the course of five years to visit China for exchange and study programs, strengthen exchanges and interactions, enhance mutual understanding and carry forward the traditional friendship.Xi announced the initiative during his meeting with US President Joe Biden in San Francisco in 2023. Shannon Marshall, principal of Stadium High School, said that she accompanied 10 students to China in July last year, and in September, the school sent 12 students and an assistant principal."We would love to send more students in 2025 and are so thankful for the opportunities," Marshall added. "My group of 10 students who traveled to China in July recently met to reconnect and reminisce. The students spoke about the Chinese students they met and who they are still in contact with via WeChat. This experience has created long-lasting friendships between American students and Chinese students and bonded our American students together because they experienced a new culture together."Martino was among the 12 Stadium students who went to China for a two-week trip last year. She said she will never forget the people she met in China and the incredible impact they had on her life."I was most impressed by the hospitality I felt from the Chinese people I met. I made many Chinese friends. ... If I ever visit China again in the future, I wish to see my friends again and see the places that they care about the most," she said.Eisenhauer accompanied three groups of students from Lincoln High School on trips to China last year, and they were among the first groups to accept the invitation extended by President Xi to study and travel in China.Eisenhauer recalled that during their fall trip, they performed for Peng, and meeting the president's wife was a truly magical moment."I believe in the power of peaceful connections between people and cultures," Eisenhauer said. "Individual acts of kindness and friendship have the power to change the world in small but steady ways. I sincerely hope that the leadership of both our countries continue to encourage our youth to travel the globe and share their personal experiences and cultures with each other."Chong, the US-China Youth and Student Exchange Association president, said he knows of many people who hope for friendship between the two nations and are deeply concerned about the current state of US-China relations."There has never been just one voice in America. Through this, we hope to convey to the Chinese people the American public's desire for friendship between our two nations and their love for peace," Chong said.Ron Chow, co-chairman of the US-China Youth and Student Exchange Association, told China Daily: "We all agree that the US-China relationship is the most consequential bilateral relationship in the world. The future of our friendship lies in the hands of the younger generation. It is our association's mission to deepen dialogue and exchanges between the youth of the US and China, enabling more American young people to understand the real China, not just the one portrayed in the media."
America's drug shortage is impacting millions of lives and threatening the US's national security. Could China be behind it? Millions are going without the medications they need due to the national drug shortage. Hundreds of drugs that treat cancer, heart disease, type 2 diabetes, high blood pressure and more are in serious short supply causing widespread panic and suffering. Twenty-nine-year-old Samantha, who has been on ADHD medication for the past 14 years, says she hasn't been able to get her prescription filled for months and it's turning her life up-side-down and negatively impacting her work and relationships. Phil, an independent pharmacist, says the shortage may force him to close his business. By lunchtime almost every day, Phil says he has at least 20 prescriptions he can't fill. But the shortage isn't just compromising Americans' health, it's exposed a dangerous vulnerability in our national security. More than 90% of prescriptions written in the US come from India and China. Are American lives being put at risk because of the US's overreliance on drugs and pharmaceutical ingredients from China, a foreign adversary? Many experts say yes. Dan Izhaky, CEO of United Safety Technology, raised his hand to make PPE on American soil during Covid. He even received a nearly $100 million award from the US government to get production off the ground. But Dan says, 3 years later, he has nothing to show for it. He says it's been impossible for his company to compete against Chinese companies backed by China's communist regime. China-US relations expert and President of The Jamestown Foundation, Peter Mattis, says the Chinese government is deliberately malicious and capable of callous disregard for those in foreign countries and even their own people. This episode, “Our Dangerous Dependency on China” asks three questions: 1) The current drug shortage is happening during peacetime but what if tensions between the US and China rise and the Chinese government decides to stop sending lifesaving medication and pharmaceuticals to America? 2) Is America prepared for the next global pandemic? 3) Why aren't critical products like PPE and pharmaceuticals being manufactured in the US? Thank you to our sponsor: Preserve Gold: Get a FREE precious metals guide that contains essential information on how to help protect your accounts. Text “DRPHIL” to 50505 to claim this exclusive offer from Preserve Gold today.
①The United States has launched a new probe into China's semiconductor industry. What's behind this move? (00:39)②US President Joe Biden has signed a defense bill that directs resources towards a more confrontational approach to China. What could this mean for China-US relations? (15:20)③The French Prime Minister has announced his new government. Can it avoid another collapse? (24:15)④The UK government has announced a consultation on its zero emission vehicle targets. (33:43)⑤OpenAI has unveiled a new artificial intelligence system. (41:13)
Molson Hart, founder and president of Viahart educational toy company, talks about his experiences in Chinese factories and cities and why he decided to invest in equipment to bring some production and assembly back to U.S. shores. Learn more about your ad choices. Visit megaphone.fm/adchoices
The International News Review on "Saturday Mornings" with Glenn van Zutphen and co-host Neil Humphreys with APAC Advisors CEO Steve Okun. Why is Elon Musk dissing Singapore? Malaysia just says “no” to China as a trade transit hub. The China-US trade war is well underway with recent announcements. And, Singapore's Civil Service is on top of the global rankings! #SaturdayMornings #News #InternationalNews #Geopolitics #Singapore #GlobalAffairs #civilservice See omnystudio.com/listener for privacy information.
Welcome to China Compass on the Fight Laugh Feast Network! I'm your China travel guide, Missionary Ben. You can follow me on X (@chinaadventures) where I post daily reminders to pray for China (PrayforChina.us). You can also email me with any questions or comments @ bfwesten at gmail dot com. You can also find easy links to everything we are involved in @ PrayGiveGo.us! Summary In today’s podcast, I begin by discussing the recent US-China Prisoner Swap (5:10) and its potential implications for casual visits to China. Then I talk all about Chongqing (17:39), which turns out to have a fascinating history. Finally, we look at the fascinating life of China missionary and explorer, James Cameron (35:31), whose earthly journey ended in Chongqing in the late 1800s. (Bonus: I threw in an unplanned story near the end (49:43) about a former teammate who was nearly stabbed to death by Tibetan Assassins hired by Buddhist Monks.) In the News: China-US Prisoner Swap https://www.politico.com/news/2024/11/27/state-dept-china-travel-warning-downgraded-00191942 https://www.nytimes.com/2024/11/27/world/asia/us-china-prisoner-swap.html Pray for China Province of the Week: Chongqing Chongqing Municipality in central China is matched up with southeast Texas (Greater Houston) for prayer. See which Chinese province your state is praying for @ PrayforChina.us! Chongqing is located in the subtropics, in the transitional area between the Tibetan Plateau and the middle and lower reaches of the Yangtze. Its climate features frequent monsoon conditions, often raining at night in late spring and early summer. The city's "night rain in the Ba Mountains", features in poems throughout Chinese history, including "Written on a Rainy Night" by Li Shangyin. Its territory is 470 km (290 mi) from east to west at its longest, and 450 km (280 mi) from north to south at its widest. It borders Hubei and Hunan to the east, Sichuan and Shaanxi to the north, and Guizhou to the south. Asia Harvest overview: https://www.asiaharvest.org/china-resources/chongqing Wikipedia profile: https://en.wikipedia.org/wiki/Chongqing Chongqing Spicy Chicken: Lazi Ji Crazy Tall Escalator: https://en.wikipedia.org/wiki/Huangguan_Escalator The Rise and Fall of Bo Xilai: https://en.wikipedia.org/wiki/Bo_Xilai James Cameron Missionary Explorer and Tibet Trailblazer (1845-1892): https://chinacall.substack.com/p/james-cameron https://www.asiaharvest.org/china-resources/tibet/1880s-tibetan-work https://omf.org/mrt-james-cameron-the-livingstone-of-china/ Resource of the Day: UNBEATEN: Arrested, Interrogated, and Deported from China www.Unbeaten.vip
Welcome to China Compass on the Fight Laugh Feast Network! I'm your China travel guide, Missionary Ben. You can follow me on X (@chinaadventures) where I post daily reminders to pray for China (PrayforChina.us). You can also email me with any questions or comments @ bfwesten at gmail dot com. You can also find easy links to everything we are involved in @ PrayGiveGo.us! Summary In today’s podcast, I begin by discussing the recent US-China Prisoner Swap (5:10) and its potential implications for casual visits to China. Then I talk all about Chongqing (17:39), which turns out to have a fascinating history. Finally, we look at the fascinating life of China missionary and explorer, James Cameron (35:31), whose earthly journey ended in Chongqing in the late 1800s. (Bonus: I threw in an unplanned story near the end (49:43) about a former teammate who was nearly stabbed to death by Tibetan Assassins hired by Buddhist Monks.) In the News: China-US Prisoner Swap https://www.politico.com/news/2024/11/27/state-dept-china-travel-warning-downgraded-00191942 https://www.nytimes.com/2024/11/27/world/asia/us-china-prisoner-swap.html Pray for China Province of the Week: Chongqing Chongqing Municipality in central China is matched up with southeast Texas (Greater Houston) for prayer. See which Chinese province your state is praying for @ PrayforChina.us! Chongqing is located in the subtropics, in the transitional area between the Tibetan Plateau and the middle and lower reaches of the Yangtze. Its climate features frequent monsoon conditions, often raining at night in late spring and early summer. The city's "night rain in the Ba Mountains", features in poems throughout Chinese history, including "Written on a Rainy Night" by Li Shangyin. Its territory is 470 km (290 mi) from east to west at its longest, and 450 km (280 mi) from north to south at its widest. It borders Hubei and Hunan to the east, Sichuan and Shaanxi to the north, and Guizhou to the south. Asia Harvest overview: https://www.asiaharvest.org/china-resources/chongqing Wikipedia profile: https://en.wikipedia.org/wiki/Chongqing Chongqing Spicy Chicken: Lazi Ji Crazy Tall Escalator: https://en.wikipedia.org/wiki/Huangguan_Escalator The Rise and Fall of Bo Xilai: https://en.wikipedia.org/wiki/Bo_Xilai James Cameron Missionary Explorer and Tibet Trailblazer (1845-1892): https://chinacall.substack.com/p/james-cameron https://www.asiaharvest.org/china-resources/tibet/1880s-tibetan-work https://omf.org/mrt-james-cameron-the-livingstone-of-china/ Resource of the Day: UNBEATEN: Arrested, Interrogated, and Deported from China www.Unbeaten.vip
(11/21/2024-11/28/2024) Happy Thanksgiving! Tune in. patreon.com/isaiahnews "Old News" Update: Elizabeth Polanco De Los Santos was released 5 months into her sentence. https://nypost.com/2023/10/04/nyc-college-student-elizabeth-polanco-de-los-santos-freed-from-dubai-after-receiving-1-year-prison-sentence/ --- Support this podcast: https://podcasters.spotify.com/pod/show/isaiah-m-edwards/support
China has made investing in manufacturing easier than ever. China-US business expert Cyrus Janssen joins the show to discuss the potential for international business cooperation with China. Hosted on Acast. See acast.com/privacy for more information.
We dive into the implications of Donald Trump's emphatic win at the US presidential elections. Angela Mancini, partner at Control Risks, a global specialist risk consultancy, discusses the factors underlying the outcome, its implication for US policy, especially with regards to Asia. We talk about business strategies under Trump 2.0, and the key issue--risks around China-US relations. We also talk about where the Democratic Party goes from here. The podcast was recorded at our annual macro and markets outlook event. Here is the publication that goes with it. Defying the trend: Economic Outlook and Market Strategy for 2025.See omnystudio.com/listener for privacy information.
What is the role of India in the Second Cold War (SCW) in South Asia? How do local histories, internal politics, and subnational dynamics shape relations with India and China? How does connectivity and infrastructure become a tool for geopolitical competition in the region, from China's BRI to India's infrastructural collaboration, and the US's Millennium Challenges Corporation? On this episode we sit down with Dr. Dinesh Paudel and Aaron Magunna to answer these questions and discuss how it unfolds through cases in the Maldives and Nepal. A wide-ranging conversation, we learn about a rising India, India-China tensions, and how local politics shape the regional SCW. Dr. Dinesh Paudel is a Professor in the Sustainable Development Department at Appalachian State University. His current research focuses on exploring the relationships and entanglements between the rising Asian economies, growing environmental degradations and rapidly expanding infrastructure in the Himalaya. He has written extensively on infrastructure and the Belt and Road Initiative in Nepal. Aaron Magunna is a PhD student at the University of Queensland in Australia. His research focuses primarily on how countries in Asia, particularly India and Japan, respond to China-US competition by adapting their security, trade, and technology policies. Resources: Paudel, Dinesh. 2021. Himalayan BRI: an infrastructural conjuncture and shifting development in Nepal. Area Development and Policy. Paudel, D., & Rankin, K. (2022). Himalayan geopolitical competition and the agency of the infrastructure state in Nepal. In The Rise of the Infrastructure State (pp. 213-226). Bristol University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Today's guest is CEO of Blue Diamond Artisan Strategies, US veteran and Marine David J. Carlson. David guides clients through the obstacle course of China-US business dealings. Today, he gives us a tour of the landscape. Hosted on Acast. See acast.com/privacy for more information.
In this weekend's episode, three segments from this past week's Washington Journal First, a conversation with Brian Reisinger author of "Land Rich, Cash Poor" about the challenges facing the nation's farmers -- and how policy makers should respond. Then, Washington Times national security editor Guy Taylor discusses a new congressional report that asserts China has exploited its partnership with U.S.-research institutions - to advance its own military technology. Plus, as we mark the close of Suicide Awareness Month, we speak with Frank Larkin – chairman of the group Warrior Call -- about his organization's efforts to reduce the number of veterans suicides. Learn more about your ad choices. Visit megaphone.fm/adchoices