DC Doesn't Have the Collective Will or IQ To Take on Big Tech, Galloway says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 10 April 2018
⏱️ 33 minutes
🧾️ Download transcript
Summary
Dr. Keyu Jin, London School of Economics & Political Science Professor, says the confusion about trade deficits by both the U.S. and China is fatal. Daniel Tannebaum, PWC Global Financial Services Sanctions Leader, predicts it will be a "go-fish exercise" to know who actually owns businesses in Russia. Steven A. Cook, CFR Middle Eastern Fellow, sees us inching closer to confrontation on Syria. Scott Galloway, NYU Stern Professor and Author "The Four," says that Facebook isn't doing anything any other media company hasn't tried before.
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Transcript
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| 0:00.0 | With Bloomberg you get the story behind the story, the story behind the global birth rate, |
| 0:04.7 | behind your EV batteries environmental impact, behind sand. Yeah, sand, you get context. |
| 0:10.8 | And context changes everything. Go to Bloomberg.com to get context. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene. |
| 0:28.0 | Daily, we bring you insight from the best in economics finance investment and international relations find |
| 0:35.2 | Bloomberg surveillance on Apple Podcasts soundcloud bloomer.com and of course on the |
| 0:41.5 | Bloomberg. I'm really pleased to say that joining us now from China is K-U-Jinn, London School of Economics and Political Science Professor, joining |
| 0:56.0 | us to discuss global trade. |
| 0:58.0 | Professor, great to have you with us on the program. |
| 1:00.0 | It is some soothing words from President Shee. |
| 1:02.6 | Can it actually materialize into real policy? |
| 1:07.6 | It's great to be here. |
| 1:08.4 | Thank you. |
| 1:09.8 | I think that these words are necessary |
| 1:11.8 | at this junction to cool things down. I mean at this point |
| 1:14.4 | I think China and the US has really trade frictions, not yet ignited a trade war. |
| 1:19.7 | What President she is also trying to acknowledge is that given that China has benefited so much |
| 1:24.9 | from globalization in the last few decades, it is actually time to give back to the global system. |
| 1:30.8 | So I think that is really good news and the positive signal. |
| 1:35.0 | Looking at our reporting over the last 24 hours from the team at Bloomberg News, it seems if there's a |
| 1:40.0 | point of tension, Professor, it's over the Made in China 2025 goals and the subsidizing |
| 1:46.6 | of those industries that China would like to excel at. Is that going to be a red line for the |
| 1:50.6 | Chinese in these negotiations when they do officially start? |
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