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James Kynge

👤 Speaker
1513 total appearances

Appearances Over Time

Podcast Appearances

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

That is, of course, China's spy ministry.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

And this is over a massive cyber espionage campaign that was being waged by a group called Salt Typhoon and other advanced persistent threat groups.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

groups.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

These are called APT groups that the U.S.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

believes has been responsible for targeting United States infrastructure and government agencies and really hacking the phones of many high-level individuals in the United States through U.S.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

telecoms networks.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

And so

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

This was a really big cause for concern in the U.S.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

all the way from 2019 until now.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

And now the Trump administration is saying that it wants to, well, halt the plans to impose sanctions on the Ministry of State Security.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

Of course,

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

It could go back on that.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

It could change its mind.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

But at the moment, that seems to be potentially part of this softening towards China ahead of Trump's meeting with Xi Jinping in April.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

And perhaps because, you know, the U.S.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

is now taking a softer tone on China altogether.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

Well, I mean, they say that two things in life are certain, death and taxes.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

And I also think it's the case that you can really see what a country intends for its people by looking how it taxes them.

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

So although the authorities in China have not said that this tax on contraceptives, including condoms, is part of its pro-natal policies, it certainly looks like that because it's

The Prof G Pod with Scott Galloway
China Decode: Why China’s Baby Bust Meets a Condom Tax

there will be value added tax imposed on condoms and other contraceptives up to the usual 13% from next year.