to discuss the war in ukraine. live now tojimena blanco, chief analyst and head of americas for the global risk intelligence company verisk maplecroft. she s in andalucia, spain. thank you so much forjoining us. take us through the agenda of this trip, what does lula want and from the chinese perspective? there are two areas of the chinese perspective? there are two areas of main the chinese perspective? there are two areas of main interest. - the chinese perspective? there are two areas of main interest. the - two areas of main interest. the first one is a commercial one. china is brazil s main trading partner. it is brazil s main trading partner. it is in competition neck and neck with the united states for market share and in numerous industries in the country. of course, agricultural commodities from brazil are crucial for china to feed its population, but china plays a major role in infrastructural development in brazil and also in key industries, like metals and min
At the moment, deliveries for this year are likely to be less than last year. A challenging environment, the ev market globally is slowing and lots more competition is rising particularly in china which can make Electric Vehicles at low cost. Talk to me about Electric Vehicles at low cost. Talk to me about that Electric Vehicles at low cost. Talk to me about that competition, if people are thinking of making a switch, given the cost of living crisis, they might think they cant afford tesla, they should go for a cheaper chinese one, is that hurting the bottom line . We cheaper chinese one, is that hurting the bottom line . The bottom line . We are seeing a wave of chinese the bottom line . We are seeing a wave of chinese cars the bottom line . We are seeing a wave of chinese cars in the bottom line . We are seeing a wave of chinese cars in europe, l the bottom line . We are seeing a l wave of chinese cars in europe, the ports are full of chinese Electric Vehicles. They are not only chea
Weekend. 50. Through what happened over the weekend. ~. , ~ through what happened over the weekend. ~. , ~ , weekend. 50, the tiktok bill was ut weekend. 50, the tiktok bill was put into weekend. 50, the tiktok bill was put into a weekend. 50, the tiktok bill was put into a package weekend. 50, the tiktok bill was put into a Package Withl was put into a package with foreign aid and that was passed through the house and now it is on the way to the senate, and based on indication of that, we have gotten, it sounds like this package will be approved, meaning that the bill will also be passed. Now, this is a massive load to tiktok but it is important to note that it is not the end yet. I am framing it more as the next chapter in tiktok s long and drawn out fight to survive here in the us, and it is a fight that is bubbly going to move pretty quickly now from congress into the courts. Of course this isnt their first rodeo and it has had some success in previous battles including in montana
Be forced to divest its state of the company. If not it will be banned. Currently, this is what were looking at in terms of the breakdown. Bytedance holds about 20 stake in the country. 60 is owned by institutional investors. That Us Investment firms like cecil carter and the rest of the 20 is owned by employees around the world. China however says they are not going to sell their stake in this company and they are certainly are not going to hand over the Technology Behind it. Monica, we know there Technology Behind it. Monica, we know there are Technology Behind it. Monica, we know there are a Technology Behind it. Monica, l we know there are a significant number of users in the us. There is plenty of state for tiktok. ~. , there is plenty of state for tiktok. ~. , there is plenty of state for tiktok. ,. , tiktok. What have they said . Tiktok. What have they said . Tiktok has tiktok. What have they said . Tiktok has come tiktok. What have they said . Tiktok has come out tiktok. What h
Divest its part in its company or it will be banned. So what were looking at now, this is the breakdown. We have the owners, bytedance with a 20 stake in the company. 60 is owned by Institutional Investors including Us Investment firms such as susquehanna and Sequoia Capital and 20 is owned by employees around the world. However, chinas, Secretary Has said they will oppose the sale of bytedance and seek to block a transfer of its technology. We heard from bytedance, from tiktok, rather, who said the media app ban would trample freedom of speech. Media app ban would trample freedom of speech. Thank you for getting freedom of speech. Thank you for getting us freedom of speech. Thank you for getting us across freedom of speech. Thank you for getting us across that, for getting us across that, monica. We will be watching developments in the middle east very closely after last fridays strike on a raft iran. Us officials have claimed israel was behind the Missile Attack on military targets i