#PRC: State Manufacturing subsidies no longer. Chris Riegel, CEO #SCALA˽REPORT: Chris Riegel CEO Scala.com @Stratacache.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 2 May 2024
⏱️ 12 minutes
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Summary
#PRC: State Manufacturing subsidies no longer. Chris Riegel, CEO #SCALA˽REPORT: Chris Riegel CEO Scala.com @Stratacache..
https://www.msn.com/en-gb/money/other/chinas-factory-services-activity-growth-slows-in-april/ar-AA1nTJAV
1931 Chinese Soviet
Transcript
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| 0:00.0 | Have you ever felt like escaping to your own desert island? |
| 0:04.0 | Jane Gaskin did exactly that, trading in the family home to begin a new life in the |
| 0:09.1 | tropics. |
| 0:10.1 | But she soon discovers that Paradise has its secrets. |
| 0:13.4 | I'm Alice Levine, and this is the price of Paradise, |
| 0:18.0 | the island dream that ends in kidnap, corruption, and murder. |
| 0:23.0 | Wish you were here. |
| 0:24.0 | Follow the CEO of |
| 0:40.0 | Sculla.com, a global technology firm transforming the retail space on all settled |
| 0:46.1 | continents with digital signage. Chris is traveling, he's in the European theater, |
| 0:52.1 | observing the Asian Theater, chiefly China. |
| 0:57.4 | A new word to me, de-stocking. |
| 1:00.7 | Chris, a very good evening to you. |
| 1:02.2 | Thank you very much for joining. I suddenly read the |
| 1:05.4 | analysis that the leadership of the Chinese Communist Party has come up with a new way |
| 1:10.1 | to save the economy that's sinking sinking. That is de-stocking. Now that sounds |
| 1:17.0 | threatening. What does it translate into in English? Good evening to you. |
| 1:22.1 | Good evening John. That Good evening, John. |
| 1:23.4 | That translates to government intervention in China to try to reduce the inventory and support |
| 1:30.0 | some of the prices. |
| 1:31.8 | So China as a housing market was amazingly overheated. Flats in Shenzhen or Shanghai in the top areas |
| 1:40.0 | would go for multiple of what you'd pay for Belgravia in London or billionaires |
... |
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