Squawk Pod Reports from Davos: Blackstone’s Steve Schwarzman 01/18/23
Squawk Pod
CNBC
4.2 • 543 Ratings
🗓️ 18 January 2023
⏱️ 17 minutes
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| 0:00.0 | China has reversed most of the policies that they put in over the previous two to three years, |
| 0:12.0 | which were really slowing their economy and |
| 0:14.8 | creating a variety of other issues. Blackstone CEO and co-founder Steve |
| 0:20.0 | Schwarzman at the World Economic Forum in Davos, Switzerland. He's talking China and the |
| 0:26.0 | global economic landscape. |
| 0:28.5 | The supply chain normalization, which for three years has really been plaguing the global |
| 0:35.6 | economy should be normalized relatively quickly. The road ahead and the surge of |
| 0:41.6 | COVID still underway in China with the American businessman, billionaire, |
| 0:46.8 | GOP donor, and longtime China optimist. |
| 0:51.0 | When one of these waves of a pandemic comes in, we saw this in India, it's basically |
| 0:56.3 | a three to four month start to finish type of thing. I think we'll have a similar |
| 1:01.2 | outcome with China. |
| 1:02.9 | China's leaders, Wall Street's leaders, oh, |
| 1:05.9 | and we're there too. |
| 1:07.2 | How the US talks about China and how Schwarzman says |
| 1:11.3 | China talks about the US. |
| 1:13.6 | Some of the criticism of Uyghurs, other human rights, |
| 1:17.4 | are they sensitive to that? |
| 1:18.7 | I think what they typically say |
| 1:21.9 | is this is an internal issue in our country. We don't comment on the |
| 1:27.2 | internal issues in your country. I'm C. NBC producer Cameron Costa. |
| 1:33.0 | Squawkpad reports from Davos, Switzerland. |
... |
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