Chinese Companies, American Consumers 11/10/23
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 10 November 2023
⏱️ 14 minutes
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| 0:00.0 | The Apex Summit is coming to San Francisco, President Biden and President Xi, |
| 0:04.4 | are set to meet next week. Today, how Chinese companies continue to find ways to |
| 0:09.4 | benefit from American technology and Consumers. |
| 0:14.0 | It's Friday, November 10th, and welcome to the Tech Check Podcast. |
| 0:17.0 | I'm Dear Dravosa. |
| 0:18.0 | And I'm Mark Gilbert. |
| 0:19.0 | A big meeting next week. |
| 0:21.0 | We've been very focused on U.S. China tensions. D will be interesting to see if |
| 0:26.6 | we get any announcements or signals on technology sharing, tech export bands, anything that signals some cooperation. |
| 0:35.0 | Right, and this is maybe an easier area for them to signal cooperation than on something |
| 0:41.3 | bigger, like geopolitical status, |
| 0:43.7 | geopolitical status, military status, all those things. |
| 0:46.6 | So this is an area of opportunity potentially. |
| 0:49.2 | And we've talked about this before, Mark, |
| 0:50.9 | but the Biden administration, especially over the last few years and the |
| 0:53.9 | Trump administration before really have talked a big game on the Chinese crackdown. |
| 0:58.4 | We've seen sort of this bifurcation of American and Chinese tech only increased over the last few years. |
| 1:04.8 | But at the same time when we go below the surface and below all the talk, |
| 1:08.8 | Chinese companies, they continue to find ways to benefit from American technology and consumers. |
| 1:14.0 | And there's two really critical areas where the country continues to make advancements and inroads here. |
| 1:20.0 | And that's AI and e-commerce. |
| 1:22.0 | Yeah, I think, and let's start with AI as we... AI and e-commerce. |
... |
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