Surveillance: Both Parties See China As Rival, Eichengreen Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 31 October 2019
⏱️ 30 minutes
🧾️ Download transcript
Summary
Frances Donald, Manulife Asset Management Head of Macroeconomic Strategy, says we have not experienced a period of such heightened trade tensions since the 1930s. Barry Eichengreen, University of California Berkeley Economics Professor, says if there is to be progress on trade with China, it will have to be incremental. Shannon Cross, Cross Research Co-Founder, says the entire tech-hardware industry is moving toward service models, centered around recurring payments from consumers. Henrietta Treyz, Veda Partners Director of Economic Policy, says U.S. voters are still concerned about the economy but less so than during the recession. And Demian Flowers, Commerzbank Automotive Analyst, says in order to profit from autos, overall manufacturing costs must go down.
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