#PRC: #ScalaReport: China's tattered manufacturers seeking future cash now. CEO Chris Riegel, Scala.com #Stratache
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 7 July 2023
⏱️ 11 minutes
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@Batchelorshow
Marseille 1930
#PRC: #ScalaReport: China's tattered manufacturers seeking future cash now. CEO Chris Riegel, Scala.com #Stratache
https://finance.yahoo.com/news/chinas-central-bank-caught-pickle-033418198.html
Transcript
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| 0:00.0 | I was set on being a Mounted Police Officer from a young age, but I knew it |
| 0:04.5 | had to move to make it happen and for me the Met presented endless opportunities. |
| 0:08.9 | From joining as a PC at age 23 I went into a variety of roles from emergency |
| 0:14.6 | response to public order policing. As a sergeant in the Mounted Branch my dream job |
| 0:19.9 | became reality. Now I've been promoted to Inspector, I can't wait to see where |
| 0:24.3 | my career takes me next. Become a Met Police Officer, search Met Police |
| 0:28.4 | careers. |
| 0:34.8 | This is CBS I in the World, I'm John Bachelors. The scholar report was CEO Chris |
| 0:39.6 | Regal of scalded.com a global technology firm transforming the retail space |
| 0:45.2 | with digital signage. Global means we start in China, the headline from Bloomberg. |
| 0:50.8 | Yellen meaning the Secretary of the Treasury Janet Yellen, former chairman of |
| 0:55.4 | the Federal Reserve. Yellen arrives in Beijing for economic talks amid tensions. |
| 1:01.9 | Subhead Yellen will meet with China's Lee, the premier who commands the economy |
| 1:07.2 | in a push to ease tensions. And all this turns around a story of trading |
| 1:15.8 | embargoes or tariffs on goods. The US started this some time ago with high-end |
| 1:23.3 | stuff like Huawei's technology and then moved on to other restrictions of high-end |
| 1:30.1 | chips. Now China is answering by placing restrictions on two metals that are |
| 1:36.5 | crucial says Bloomberg to key technology industries. Chris I'll stop there |
| 1:41.8 | because this gets very detailed. It also mentions that the US is entertaining |
| 1:46.7 | restrictions on cloud technology. To establish they're talking about the very |
| 1:53.1 | high end of the digital universe. Is that correct? This is not meeting potatoes |
| 1:58.0 | chip-making. This is the really good stuff and cloud computing has renovated our |
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