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James Kynge

๐Ÿ‘ค Speaker
2305 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
AI Skeptic: This Business Makes No Sense

But you know, these summits, they can surprise.

Prof G Markets
AI Skeptic: This Business Makes No Sense

There is an extraordinary meeting going to take place between Trump and Xi in the Temple of Heaven in Beijing.

Prof G Markets
AI Skeptic: This Business Makes No Sense

It's an amazing old shrine to the old kind of agricultural gods of China.

Prof G Markets
AI Skeptic: This Business Makes No Sense

So that's kind of amazing.

Prof G Markets
AI Skeptic: This Business Makes No Sense

I don't know.

Prof G Markets
AI Skeptic: This Business Makes No Sense

There could be surprises.

Prof G Markets
AI Skeptic: This Business Makes No Sense

But at the moment, I think those are the contours.

Prof G Markets
AI Skeptic: This Business Makes No Sense

I think, yeah, as you rightly say, Stephen Schwarzman from Blackstone and BlackRock, Larry Fink, Elon Musk from Tesla and SpaceX, Tim Cook from Apple, they're all there.

Prof G Markets
AI Skeptic: This Business Makes No Sense

Jensen Huang from NVIDIA is there as well.

Prof G Markets
AI Skeptic: This Business Makes No Sense

And Trump already said on the plane as he was coming over, quote, I will be asking President Xi, a leader of extraordinary distinction, to open up China...

Prof G Markets
AI Skeptic: This Business Makes No Sense

so that these brilliant people can work their magic and help bring the People's Republic to an even higher level.

Prof G Markets
AI Skeptic: This Business Makes No Sense

My sense is that he's not that interested in bringing the People's Republic to an even higher level.

Prof G Markets
AI Skeptic: This Business Makes No Sense

I think he's interested in helping these companies win deals, win market access, and maybe stave off some of the actions that we've seen China begin to take against

Prof G Markets
AI Skeptic: This Business Makes No Sense

not just American companies, but all companies that would like to put sanctions on China or to decouple from China.

Prof G Markets
AI Skeptic: This Business Makes No Sense

So there's a very major commercial aspect to this whole trip as well.

Prof G Markets
AI Skeptic: This Business Makes No Sense

Yeah, that's such a great insight, Ed.

Prof G Markets
AI Skeptic: This Business Makes No Sense

If I had to sum this up in one sentence, I would say that Trump is going to Beijing to rectify some of the problems that he himself created.

Prof G Markets
AI Skeptic: This Business Makes No Sense

As you rightly say, the US put 145% tariffs on Chinese exports at one point last year, Chinese exports to the US.

Prof G Markets
AI Skeptic: This Business Makes No Sense

And then after China...

Prof G Markets
AI Skeptic: This Business Makes No Sense

said that it was going to restrict exports of critical minerals.