#ScalaReport: More doubts in manufacturing, housing, shipping about #PRC reopening. Chris Riegel, CEO Scala.com #Stratacache
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 10 February 2023
⏱️ 14 minutes
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Summary
Taiwan 1935
@Batchelorshow
#ScalaReport: More doubts in manufacturing, housing, shipping about #PRC reopening. Chris Riegel, CEO Scala.com #Stratacache
https://www.bloomberg.com/news/articles/2022-02-03/bulk-shipowners-idle-vessels-as-china-pollution-curbs-sap-demand?sref=5g4GmFHo
Transcript
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| 0:18.4 | My name is Shun. I am the Founder of Target Trition. |
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| 0:30.1 | This is CBS. I am the world. I'm John Baster. This is the Scholar Report with Chris Regal's |
| 0:40.8 | CEO of Scholar.com, a global technology firm transforming the retail space to China. |
| 0:47.4 | Re-opening is the metaphor. China is reopening after COVID-0. Another bad decisions by the |
| 0:53.9 | Chinese Communist Party. But is it? We have discord. Wall Street Journalist reporting |
| 0:59.6 | that trade between the US and China and the world is reaching pre-pandemic levels if |
| 1:05.8 | not already exceeding them, not adjusted for inflation. At the same time, there's reporting |
| 1:11.7 | that the Baltic Dry Index, that's ships at sea carrying cargo of all kinds, is down |
| 1:19.3 | dramatically. So which is it? Chris, a very good day to you. Anticote from the mainland |
| 1:25.3 | suggests that there is high unemployment, especially in the big factories that have |
| 1:30.1 | been producing goods for the US. At the same time, the real estate bubble that burst has |
| 1:36.6 | not been repaired. At the same time, the party is either making friendly gestures towards |
| 1:43.8 | the world, inviting investors to come back in. Or because of the balloon incident, is |
| 1:49.4 | demonstrating a level of paranoia that we could only assume before the party is now acting |
| 1:56.1 | persecuted. So what are your measures of what is going on in this reopening? Is it business |
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