#ScalaReport: Slowdown deepens Asia, Europe, US franchisers. Chris Riegel, CEO Scala.com
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 6 October 2023
⏱️ 11 minutes
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Summary
#ScalaReport: Slowdown deepens Asia, Europe, US franchisers. Chris Riegel, CEO Scala.com
https://www.ft.com/content/256ee824-9710-49d2-a8bc-f173e3f74286
1918 Ukraine
Transcript
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| 0:00.0 | This is CBS I In The World. |
| 0:06.9 | I'm John Bachelor of the Scholar Report with CEO Chris Regal of Scholar.com, a global |
| 0:12.5 | technology firm, business on all the settled continents, transforming the retail space with |
| 0:18.4 | digital signage. |
| 0:19.4 | We begin in China as we must because the Chinese economy is obtuse, non-transparent at best, |
| 0:27.2 | and often contains the things that can hurt you. |
| 0:30.4 | For example, there's a financial times headline right now, Alibaba accused of quote, possible |
| 0:38.0 | espionage at European hub, Belgian security services, Chinese group's logistics arm, in |
| 0:44.6 | leash, under scrutiny over use of sensitive data, just one piece of the Chinese economy |
| 0:50.4 | controlled by the Chinese Communist Party. |
| 0:53.3 | And then we had a metric in these last days saying that the manufacturing number in China |
| 0:59.2 | has moved from 49 points something to 50 points something. |
| 1:04.2 | That ordinarily would be understood if it came from say the United States of Europe has |
| 1:09.0 | manufacturing recovering some of its decline. |
| 1:12.9 | But Chris, a very good evening to you, that manufacturing number moving from this to that. |
| 1:19.6 | I won't ask simply do you trust it. |
| 1:21.6 | Do you see any evidence of the manufacturers who have been in severe restraints these |
| 1:27.1 | last months? |
| 1:28.4 | Is there any brightness south of Shanghai or in the Pearl River? |
| 1:32.9 | Good evening, John. |
| 1:35.1 | No sign of change from China still seeing weakness across the board in terms of manufacturing |
| 1:41.7 | sector. |
... |
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