Countries do not take a shit. Thoughts all from me for today kavanah and will be here at the top of the hour with the very latest in Global Politics next year on our team crosstalk separating me from reality and misunderstanding china. Hello welcome to crossfire all Things Considered in this president ial election cycle both democrats and republicans claim to be tough on china but does that actually in fact what does the American Public really know about the. Today on this edition of the program we attempt to separate myths from reality. Processing china anymore im joined by my guest Tom Wilkinson detroit hes president and c. E. O. Of t w and associates as well as a regular contributor to china us focus dot com and we have James Bradley in new zealand he is a New York Times number one best selling author of china mirage as well as host of his own pod cast untold pacific right gentlemen cross uprose in effect that means you can jump in anytime you want and i always appreciate it ok lets
1 ,s p up by nine tens of tech leading the charge. European markets underperforming but the ftse 100 pushing on gains over the last hour. Most european markets gained early than flatlining into the afternoon. We are seeing a bit of a return to the dollar this afternoon, still trading at the 118. 119 earlier on and security markets continue to be in focus as the ecb suggests there may be rates that could be cut further. Lets start off our conversation on the u. K. Labor market which took a turn for the worse in july. Total job losses climbed to nearly 700,000 since the start of the pandemic. Tois considering plans support jobs as per the government cost Furlough Program ending next month. Businesses need support which is why many of the intervention we have put in place lasts the last through the next year. I have not hesitated to act and create effective ways to support jobs and employment and we will continue to do so. From brusselsg us is Vincent Juvyns from jp morgan. Sunak may be s
President trump says hes only willing to go as high as 1. 5 trillion. Signs of the pandemic getting more prominent. The u. K. Reporting a Record Number of virus cases today. With more on how it is playing into the markets, Abigail Doolittle in new york. Tech shares going back and forth but tech leading the way out of the red. Walk us through the day. Abigail another amazing one, but probably more so than a reason days because of the whiplash. The nasdaq 100 at the lows early on, down 1. 1 . It was at one point, up nearly 2 . Just about flat and then closing higher by about 6 10 of 1 . What that volatility tells you on the day, the week, the month and on the year uncertainty. No one knows. When you have firm control from the buyers or the sellers that you can make the case between february and march, the sellers were on control around the uncertainty around the pandemic. The buyers took control but on the year, just about flat for the s p 500. It is a real stalemate as we go into the el
When we treat everybody fairly. Equalen we truly have opportunities. This is not a zerosum game. David i am the fellow for trade and economics at the Baker Institute. Thealso a law professor at university of arizona. I am pleased to welcome all of you on behalf of the center for nd mexico at baker and at rice. This is the first of our five planned webinars on the ,mplementation of the usmca which Everybody Knows went into effect on july 1. Just a quick plug for the other events. September 24, investor settlement, or the lack of. In october, the usmca governing trade and auto parts. That sector accounts for 25 plus Percentage Points of total manufacturing trade within north america. In november come november, environmental provisions. In december, we will focus on the stakeholder issues. Those Companies Directly involved in importing and exporting across the north american borders, who are dealing with new enforcement provisions, a different kind of certificate of origin, and other chal
And c. E. O. Of t w and associates as well as a regular contributor to china us focus dot com and we have James Bradley in new zealand he is a New York Times number one best selling author of china mirage as well as host of his own pod cast untold pacific right gentlemen across up rose in effect that means you can jump in anytime you want and i always appreciate it ok lets go to new zealand 1st james. China is mentioned over and over in this election cycle in the United States both parties like to differentiate themselves it seems like thats the message is the same in following this election and how china is. Objectified i would say what is the biggest misconception about china as its reported by the media. To begin to question it would take too many hours if were going to talk about misconceptions about china no i would make the case that with chinas population number one country in the world its the least understood country by americans fewer americans have been to china over the las