the title of his speech was unpacking the new order. i think what he was basically talking about was the united states leading western efforts to try to impose technology sales to china to make china less capable with things like chip making and green technologies and i have to say that many people in that room, business delegates, would probably agree with him. the old order, if you want to call it that, the idea of countries making stuff that is the quickest and efficient countries, making it and then selling it so people who need it, i think that worked for many businesses. the problem is that western governments were not that happy about that because if you have a dominant partner, that does pose a threat to you if you are a western country and that is why you see chip technology restrictions in the us and the retaliation, the rare earths potential ban or at least restriction of what china has to the rest of the world. this is fundamentally what the tension is at this con
interesting. he was basically saying that the idea of globalisation was irresistible and irreversible and that any efforts to enact protectionist policies would lead to nowhere. the title of his speech was unpacking the new order. i think what he was basically talking about was the united states led western efforts to try and impose technology sales to china for the two basically make china less capable of things like chip making and green technology. i got to say, i think a lot of people in that room, business delegates would probably agree with him. the old order, if you want to call her back, the idea that countries making stuff the quickest are the cheapest and most efficient countries, making and selling it to people who need, i think that works for a lot of businesses. the problem is that western governments weren t happy with that because if you have a dominant, that does pose a threat if you re western country that s why you see things like chip making technology rest
his speech was unpacking the new order. i think what he was basically talking about was the united states leading western efforts to try to impose technology sales to china to make china less capable with things like ship mate making and green technologies and i have to say that many people in that room, business delegates, would probably agree with them. the old order, if you want to call it that, the idea of countries making stuff that is the quickest and efficient countries, making it and then selling it so people who need it, ithink selling it so people who need it, i think that worked for many businesses. the problem is that western governments were not that happy about that because if you have a dominant country, and poses a threat to you if you are a western country and that is why you see chip not technology restrictions in the us and the retaliation, the rare earths potential ban or at least restriction of what china has to the rest of the world. this is fundamentall
months to september. so how does the eurozone push for growth and stay competitive? let s find out. joining me now is azad zangana, who s a senior european economist at schroders. thank you forjoining us here. welcome to bbc news. we have growth falling, or rather stalling, inflation hopefully falling. how does the euro zone position itself, what should it be doing? position itself, what should it be doinu ? position itself, what should it be doing? position itself, what should it be doinu? ., ., , ., be doing? the eurozone is doing re be doing? the eurozone is doing pretty much be doing? the eurozone is doing pretty much what be doing? the eurozone is doing pretty much what most - be doing? the eurozone is doing pretty much what most of- be doing? the eurozone is doing pretty much what most of the i pretty much what most of the advanced economies around the world are trying to do at the moment, which is low inflation, and they have done that by raising interest rates qu