China in Podcasts
placeChina is a country in East Asia, controlling the majority of rare earth mineral exports.
Mentions in Podcasts
It's Friday, the 30th of May. Welcome to the PDB Afternoon Bulletin. I'm Mike Baker, your eyes and ears on the world stage. All right, let's get briefed. We'll start things off with the US-China trade truce hanging by a thread, basically, after a series of aggressive moves from the Trump administration. Later in the show, an update on the conflict between India and Pakistan.
China's defense minister isn't at the Shangri-La dialogue.
But today, the US lacks that kind of manufacturing heft. China, on the other hand, has got it in droves. For years, China's leader, Xi Jinping, poured money into developing strategic sectors, from shipbuilding to mining and processing critical minerals. Faced with a war, China would be well positioned.
Heute sprechen wir darüber, wie die Wirtschaft von China dieses Wachstum gefuehlt hat und wie die Verarbeitung in den USA den Wettkampf gegen die Produktion verliert. Modern Warfare is, in a sense, a contest of industrial might. After all, that's how the US won World War II, by making more of everything, from bullets to food, than its enemies.
Auf dem heutigen Show über die letzten Jahrzehnte oder so hat China seine Investitionen in einige strategische Industrien aufgeräumt. Das Land ist gekommen, um die Verarbeitung von Produkten aus grundlegenden Chemikalien bis hin zu erheblichen Maschinen zu dominieren. Die meisten davon wären in der Kriegszeit wichtig.
For decades, China's economic rise has been symbolized by the unstoppable force of low-cost manufacturing. But today, a new and far more disruptive wave of competition is unfolding, one that threatens not just Western manufacturing, but also the West's geopolitical dominance.
China is hitting back against claims by President Trump that it violated a trade truce with the US, with Beijing claiming that recent actions by Washington had undermined agreements made between the two sides in Geneva last month. The Journal's Tracy Chu in Singapore has more.
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