An economic uncoupling
The Story of Money
Manuela Saragosa
4.4 • 400 Ratings
🗓️ 11 November 2020
⏱️ 24 minutes
🧾️ Download transcript
Summary
Tensions between Washington and Beijing are beginning to resemble a new cold war. Could the complex supply chains built up over a generation that produce Apple's iPhone and other electronics soon be untangled? In this episode Kathrin Hille, the FT’s greater China correspondent, and Richard Waters, the FT’s west coast editor, tell the story of how technology supply chains in the US and China became intertwined and the forces that are pulling them apart.
Review Clips: CNBC, CSPAN, Washington Post, The Guardian, Reuters, Dallas Morning News, ZDF “Looking for Freedom” WMG (1989)
Read more from Kathrin Hille
The great uncoupling: one supply chain for China, one for everywhere else
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Transcript
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| 0:00.0 | Am I missing anything? Is this the right decision? |
| 0:02.0 | Can I show this data? |
| 0:04.0 | Am I too late? |
| 0:05.0 | Find clarity in your investment decision-making. |
| 0:08.0 | Manage your portfolio for sustainable growth |
| 0:11.0 | and regulatory alignment |
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| 0:14.6 | industry expertise. |
| 0:16.5 | Reduce risk, meet your sustainability goals and push the boundaries of possibilities based on |
| 0:21.1 | facts, not opinions. |
| 0:23.0 | Clarity AI scaling human decisions through tech. |
| 0:26.6 | Visit clarity. |
| 0:27.7 | AI and take action today. |
| 0:30.6 | Donald Trump made part of his 2016 presidential campaign about getting a fair deal. |
| 0:36.0 | When the Chinese come in and they want to make great trade deals and they make the best trade deals and not anymore. |
| 0:41.0 | When I'm there we turn it around folks we turn it around. |
| 0:44.1 | And so when he took office he made the US trade deficit with China a key part of |
| 0:48.6 | his trade policy. We have a problem with China. They've created a trade deficit of $500 billion a year. |
| 1:01.2 | It's not something we can live with. |
| 1:03.6 | But the way that he and his administration went about getting this supposedly fair deal |
| 1:08.8 | ignited a full-blown trade war. |
| 1:11.3 | We're having a little squabble with China. |
... |
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