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Thomas Nuernberger is preparing for tougher times. For the past seven years, the 55-year-old has run the Chinese unit of fan and motor maker ebm-papst, and business has been good. ...
At the G7 summit in Hiroshima, leaders of the world’s wealthiest democracies said that they need to de-risk and not decouple from China. It means reducing Beijing’s control of global supply chains but not isolating it completely
And it's not about -- not about decoupling china. it's about a level playing field. and by the way, china is undervaluing their currency. if you have a half a trillion dollars in deficits with europe and the u.s. by definition china is manipulating their currency. >> and david, let me read to you from paul krugman today in terms of tendency of everyone, politicians and reporters alike, to overreact. attempts to explain daily stock movements are usually foolish. there was no evidence for any of the relationizations and prices were falling. big surprise and still investors are jittery for seven ...