Rob Armstrong

But it's also made life much cheaper for all of us over the years as we load up on bargain goods that are made in China.

People who are very upset about this include a Mr. Donald J. Trump.

But actually, that image of China is really out of date.

In fact, China is absolutely crushing it as a superpower in super high-tech industries, including electric vehicles and solar.

Today in the show, what does that mean for the rest of the world?

And also, how might China emerge as the big winner from the war in Iran?

This is Unhedged, the markets and finance podcast from the Financial Times and Pushkin.

It's Martin, a markets columnist at the FT in sunny but chilly London.

With me, down the line from New York City, back from his jolly in Switzerland, we have a somewhat jet-lagged Robert Armstrong.

Rob, say hi.

I don't know.

Maybe you can check your cuckoo clock.

Did you purchase a cuckoo clock while you were there?

I'll take that as a no.

But excitingly, with me in the studio here in London, I also have our man in Beijing, Joe Leahy.

Joe, thanks for coming in.

I spotted you in the newsroom in London and I thought, aha, I'm going to kidnap Joe Leahy and make him talk about China.

It's not about the widgets anymore.

It's about the solar panels and all of that good stuff.

What's the deal here?