Working with volkswagens audi and a joint venture between chinas g a c and japans toyota busy to provide their a high tech for self driving vehicles the waterway executive added that he expects the vehicles with autonomous driving components in 2021 or 2022 and that they would be available in china and europe. From tech to food in china the countrys consumer inflation grew to its highest level in 15 months and may the Consumer Price inflation rate jumped to 2. 7 percent in may thats the highest level since february of last year the number grew 2. 5 percent in april the spike is mostly due to the ongoing african swine swine fever outbreak in china that is pushing up the prices of pork and weather issues that have caused a shortage of supply of fresh fruits that plus the ongoing trade dispute between the u. S. And china has created uncertainty in chinas economy fresh fruit prices rose in may by a record 26. 7 percent year over year and cork rose by 18. 2 percent over the same period of t
A bit demick which seems to be driving an increase in the chinese inflation rate and this unusual rise in fresh fruit prices by nearly 27 percent in may. Its important because the food prices are. Very visible to Chinese Consumers and Chinese Consumer confidence can be affected negatively by these kind of dramatic spikes. On the swine front one of the things through realize is that the Agricultural Sector in China Remains extremely fragmented there are literally millions of small farms and small produces across china and so while beijing has done a very good job of developing National Standards for food safety the level to which an Inspection Service exists across the range of provinces in China Remains limited and as a result enforcement of the standards at a local level on behalf of Consumer Protection remains somewhat weak. As a result you have these outbreaks which are not necessarily nationwide in scope of this point but they are sport outbreaks which end up disrupting supply chai
You have to get peoples attention when youre selling a product that melts so i always burst through the gate with a robust war cry, whos next for ice cream . I bring this up because when President Trump unilaterally decided to hit mexico with a big tariff for ten days, make them close the border, all i could think was, whos next for ice cream . Thats why the market got pole axed today whos next for punishment with the dow plunging, s p plummeting, and the nasdaq nose divi diving whos next for tariffs as someone whos generally been supportive of the president s hard line position against china, i feel like i need to draw a line in the sand here if you want a Strong Economy and higher stock prices which is what i favor the last thing you need is a president who bursts through twitter saying, whos next for punishment. I think theres a time and a place for tariffs. Ive been critical of our nations trade policy for ages, for all the time ive been on cnbc, for all these years, our old policy
Cap the 28th annual Lincoln Forum than by welcoming a dear friend and historys friend, the incomparable Doris Kearns Goodwin, and her very gifted producing partner, beth laski, now. Beth has been the coexecutive producer with doris for there for wonderful History Channel, a channel series, washington, lincoln, theodore roosevelt, and most recently fdr. Together they form pastimes productions, which will next be producing a new series on the west with kevin. I auditioned for that, but they chose kevin costner. They have already created a unique and appealing look and style to these shows. Youll see some of some sampling of it during this evening. Not only authoritative talking heads, but remarkable, authentic looking action scenes featuring performers and settings that evoke the colonial revolutionary periods, the civil war, the progressive era, the new deal, and world war two. Scholarship and scenery. Discussion and drama. And tonight, a special focus on their Abraham Lincoln, of cours
Friend and historys friend, the incomparable Doris Kearns Goodwin, and her very gifted producing partner, beth laski, now. Beth has been the coexecutive producer with doris for there for wonderful History Channel, a channel series, washington, lincoln, theodore roosevelt, and most recently fdr. Together they form pastimes productions, which will next be producing a new series on the west with kevin. I auditioned for that, but they chose kevin costner. They have already created a unique and appealing look and style to these shows. Youll see some of some sampling of it during this evening. Not only authoritative talking heads, but remarkable, authentic looking action scenes featuring performers and settings that evoke the colonial revolutionary periods, the civil war, the progressive era, the new deal, and world war two. Scholarship and scenery. Discussion and drama. And tonight, a special focus on their Abraham Lincoln, of course. So were glad beth is here and we thank our History Chann