Scott Galloway

Part of the other thing that I found really interesting is that in terms of US versus China kind of separating the two out, making sure that there's none of this cross-border financing, the Pentagon just updated their Chinese military companies list.

And it now includes Alibaba, it now includes BYD, and it now includes Baidu as well.

Alibaba is, of course, like the China's version of Amazon.

Baidu is China's version of Google.

BYD is like the Tesla of China.

The list has grown significantly this year.

And I was trying to understand, like, okay, if you're put on this Chinese military company list, what actually happens to your business?

And the answer is...

from what I understand, not that much, actually.

Basically, all it means is that it prohibits you from doing business with the Pentagon, and then maybe there is some reputational risk as well.

But it doesn't prevent you from operating in the U.S., for example.

You can still do business here.

And that's quite interesting because it's almost as if

what they're trying to do is create a bad guys list.

And if you're on the bad guys list, then that's a problem.

And we're going to make sure that everyone knows that you're a risk to the market.

And in a way, you could almost put any Chinese company on that list.

I mean, if the implication is they are at risk of working with the CCP in some capacity or providing some value to China and China's military, I mean...

I'm not sure why we're even making a list.

Why don't we just make it all Chinese companies?