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BBCNEWS HARDtalk June 4, 2024 22:43:00

So i think. happy to have that discussion, but we have to bring that together. yeah, the bottom line is there are big splits in germany over china policy. the foreign minister, ms baerbock, who of course comes from the green party in the coalition, she says, we can no longer allow ourselves to become existentially dependent on a country that doesn t share our values. now, she says that at the very same time as all of these companies, from basf to volkswagen to aldi, are still pouring new investment money into china. so, who s right and who s wrong here? what you quoted, what the foreign minister said, is the german government s position, so i don t see any contradiction. you don t see any contradiction? no, i don t see any contradiction. when olaf scholz said, quote, decoupling. that is decoupling germany s economy from china s ..is the wrong answer ? yeah, that s the german government s decision and position, and i m sure ....

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'Decoupling from China' push exposes absurdity of some Western politicians' zero-sum thinking: Italian scholar

The defence of the ....

US economic war on China will have consequences for all, especially Americans

Janet Yellen was right to frame prioritising national security concerns over economic ones as a trade-off, but she only hinted at the possible consequences. Compromising trade and capital flows from China and elsewhere could result in slower economic growth, higher inflation and a weaker US dollar. ....

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CNN Fareed Zakaria GPS June 4, 2024 14:05:00

Providing manufacturing subsidies to revive high tech manufacturing within the united states. the effort here using national security advisor jake sullivan s metaphor is to build a small yard of critical technologies that are guarded with high fences around it. as opposed to coming up with a long list of technologies that would be hard to seal off from china. but the challenge will be to see whether all these efforts and the hostile rhetoric that surrounds them will scare off american businesses from dealing with china altogether. of late, the administration seems to have recognized this danger, and there s trying to send some conciliatory signals. secretary of commerce gino ra mondo has often said that the united states does not want an economic decoupling from china. last four, she said. we need to continue to do business with china and trade with china supports american jobs. this week in a major speech on china ....

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CNN Fareed Zakaria GPS June 4, 2024 14:06:00

, treasury secretary janet yellen called for constructive relationship between the two countries. she stressed that the american tech curbs on china were not designed to stop china from growing but have been imposed solely for national security reasons to prevent the chinese military from gaining parody or an edge over america. but the administration s carefully crafted surgical china policy lives in washington, a town not known for nuance. the republican primaries promised to become a festival of china bashing. representative mike gallagher s china committee has already announced that it is going to investigate companies doing business in china, which means any ceo with exposures to that market could be subpoenaed and cross examined. and don t forget. china has domestic politics as well. she s tough line against america is popular in a country that is quite nationalist. decoupling is already happening, as the peterson institute shows. the ....

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