Steve Bannon, former White House Chief Strategist, discusses in an interview on CNBC the true objective of the Chinese in trying to economically dominate the world through whatever means necessary which is why current trade negotiations are so important to US prosperity going forward.
The US is in competition with China for 5G domination says James Jones, former Obama National Security Advisor. Jones says that 5G is the most disruptive technology to come our way this century, but we are way behind China in 5G marketing. He says that the choice is clear for our friends and allies.
Rakuten CEO Mickey Mikitani says he’s happy he didn’t choose to use Huawei and ZTE. “I kind of sensed the potential risk even if it’s only one percent,” said Mikitani. “I told myself actually I cannot take a one percent risk that something may happen to prohibit Chinese network equipment to be used for the Japanese mobile network.”
SAP CEO Bill McDermott remains very optimistic about doing business in China. He says that SAP has a fundamental belief in China and continues to invest in China. “We’re not having challenges in China,” says McDermott. “We’re doubling down in China.”
The CEO of Cisco says that last year they blocked seven trillion cybersecurity threats or about 20 billion per day. He says that by and large cybersecurity organizations inside of their customers are very good.
Despite the current trade climate imports to the US remain strong and are currently rising according to Soren Skou, CEO of A.P. Moller – Maersk, the world’s largest shipping company. Skou also discussed their use of technology.
Former Microsoft COO Bob Herbold discussed in an interview (below) the fact that computer science and engineering schools are now competing strongly with US universities.
Scott Kennedy, who is the Deputy Director, Freeman Chair in China Studies at Center for Strategic and International Studies (CSIS), said on Twitter that Amex finally winning Chinese market approval is not a breakthrough for China market access.
Amazon is using creative tactics that enable it to avoid import taxes on almost everything it sells by making every item sold a single sale that is under $800 according to trade expert and former Trump advisor Curtis Ellis.
With the renegotiations of the North American Free Trade Agreement (NAFTA) almost at hand, various groups within the three members of the trading block– Canada, Mexico, and the United States– are already busy lobbying their diverging positions on anticipated issues…