That put this in perspective, the United States remain the largest market for chinese product of any country Around The World and our own Trade Relationship remains very significant, in fact, Trade Relationship remains very significant, infact, china is our Third Largest Trading Partner and after mexico and after american businesses and investors in shanghai there remains very strong interest in working in this market, provided that we a level Playing Field and a fair shot. When we do, we do very well. But when we are looking at the question of tariffs, measures etc, what were focused on its practices engaged in by china that are unfair and undermine our businesses and our workers and this question of overcapacity is the one that is front and centre. China is responsible for one third of Global Production but one tenth of global demand. So there is a clear mismatch and when you have products that are produced here and producing a way thatis produced here and producing a way that is hea
you know, for a couple of years there was bad communication. so good communication with chinese officials and to make sure that the us government understands that having us business in china, active in china, competing in china is good for the companies and is good for the united states. now the treasury secretary is also wanting to push back on china about overproduction whilst also advocating for favourable conditions for us businesses in china. do you think she s going to be able to achieve that? no. ina word. not today, but i think we need to keep that message coming. you know, if you drop a talking point, the chinese will feel, 0k, well, it s solved. so market access will continue to be a strong message as well as national security. she s going to be talking about national security and perhaps they ll talk about some areas where they can cooperate in perhaps third world financing to help alleviate third world debt. china dominates the sector and its cheap solar panels ar
In central europe. Particularly, Cyber Security stocks are doing well this morning. Sally. And following that cyber attack, today we want to hear from you have you been affected what changes are you making as a result . Let us know. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. Microsoft says a huge global cyber attack, which has hit more than 150 countries since friday, is a wake up call. A huge number of companies were targeted in the initial attack including spains telefonica, fed ex in the us, and germanys railway firm deutsche bahn. Europol says the attack hit 200,000 victims in more than 150 countries and warns more people and businesses could find they are infected this morning. The national Cyber Security centre urges companies to Keep Security Software patches up to date, use anti virus software, and to back up your data regularly. Nicole eagan is Chief Executive of Cyber Security firm darktrace, shes here in the studio. Good morning. Just tell us a litt
He is a face that everyone knows from t. V. Hes been all over ukraine show business for the last ten years so there is. No what he does need to explain who he is and that seems to be really paying off in. President ial elections for us thank you. Youre watching news life from for a leg up next as a close up with an indepth look at cybercrime remember you can always get the latest news on our web site thats w dot com. Thanks for watching. Stan. Language courses. Video. Any time any. W. Computers can be used as weapons more and more people have become victims of cyber crime. Because it was an absolute disaster you just dont do things like that to people. In new generation of criminals is making money over the internet a lot of money. For just one month you have one hundred orders and the next one thousand. Private Sector Companies Infrastructure Systems and government institutions have all been hacked. Oh boy what a brute force. Feel the. Fear of such attacks has created
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An aura of mystery continues to linger over whether the biggest of Darktrace's shareholders are prepared to support Thoma Bravo's £4.2bn takeover. Among those is Mike Lynch, who is currently facing trial in the US over fraud claims linked to executive search software outfit Autonomy. Also unclear is the position of the Darktrace Employee Benefit Trust, which owned just under 8% of the company's shares. The trust is managed by Equiniti, which has nothing to do with the decision. - The Financial Mail on Sunday