the professor of global trade of the international funds. a real pleasure having you on the show and it does seem pretty clear that china s economy isn t exactly firing on all cylinders. how big of a problem is that the rest of the world? the second largest economy in the world and since the global financial crisis of 2008, china has been the main driver of growth, adding even more to the global demand than even the united states, so when the second largest economy slows down, the demand for commodities is weak and people are holding back on consuming and this means overall global demand is much weaker than it would otherwise be. the economic relationship between china and the united states has been defined by these tariffs and other trade restrictions.
eswar, it s been defined right by these tariffs and other trade restrictions. they were started in 2018 by then president trump and they continued, of course, with president biden. but how much of a hobbling china s growth or has china just now learned to live with them? so the reality that china faces is that the relationship between the chinese and the us are going to remain rocky for a while. but it is really china s attempt to move into what are seen as the industries of the future, such as clean energy, green technologies more broadly, which also happen to be the areas where the us is trying to establish its dominance that have become the central points of conflict. and certainly at a moment where business and private confidence more broadly in china is weak, the ongoing tensions between the us and china don t do anything to help either consumer or business confidence. i mean, china is clearly concerned about the slowdown in its exports.
employees, the company allegedly conducted interrogations and disparaged those involved. at least one of the employees sacked had issued a statement through lawyers saying space x as a toxic culture where harassment, particularly harassment against women is tolerated. for its part, space x has yet to publicly comment on any of this but if mr musk pulled my company does not settle the case and if this federal agency finds the firings violated labour law, they can audit their workers be reinstated and given back pay. we will see how this plays out going forward but it must be noted that this is far from being but it must be noted that this is farfrom being an but it must be noted that this is far from being an isolated case whether it is the social media from x, ev maker tesla and now spacex, all the companies of mr musk has faced allegations of violating workers rights.- allegations of violating workers rights. to china now where officials have hit out against trade restrictions that co
NVIDIA (NVDA) launches RTX 4090D gaming chips specifically to be sold in China, which comply with the U.S. restrictions on the company's export of advanced AI chips to that country.
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