Caracal Business Insider | Geoeconomics
July 21, 2017
Curation and commentary from Marc A. Ross
Caracal Business Insider is a hand-curated newsletter compiled daily to bring you the best news to demystify globalization and American politics. If you enjoy what you read here, please consider forwarding it to spread the word. Not getting CBI regularly, click here to subscribe.
Trump's honeymoon with China ends as dialogue turns frosty: Bloomberg reports, the brief honeymoon between the world's two largest economies appears to be over. Three months ago, President Donald Trump had warm words for his Chinese counterpart Xi Jinping after the two leaders bonded at Trump's Mar-a-Lago resort in Florida.
Reuters: US, China fail to agree on trade issues, casting doubt on other issues
US toughens stance on deals in blow to China: Reuters reports, a secretive U.S. government panel has objected to at least nine acquisitions of U.S. companies by foreign buyers so far this year, people familiar with the matter said, a historically high number that bodes poorly for China's overseas buying spree.
The US firms at risk from China trade war https://bloom.bg/2vqSi6U
Reuters: China says it won't take any more foreign garbage
"China is a major importer of waste. Last year it imported 7.3 million tonnes of waste plastics, valued at $3.7 billion, accounting for 56 percent of world imports."
Beijing wants AI to be made in China by 2030: NYT reports, a new plan from the top of the Chinese government calls for the country to become a powerhouse in artificial intelligence in just over a decade.
Justin Bieber banned from China for 'bad behaviour': Guardian reports, Beijing’s culture bureau says star has caused ‘discontent among the public’ and his exclusion is needed to ‘purify’ arts.
“Justin Bieber is a gifted singer, but he is also a controversial young foreign singer”
As 'Brexit' clock ticks, UK seems adrift: NYT reports, infighting in the governing Conservative Party has raised doubts about the country's readiness for negotiations on leaving the European Union.
FT: May promises business leaders no Brexit ‘cliff edge’ for companies
UK cabinet will accept the free movement of EU citizens for up to four years after Brexit as part of a transitional deal, sources told the Guardian.
“There’s no such thing as an unsackable minister,” British PM Theresa May declared in an interview with LBC radio.
Historical tidbit: Winston Churchill tried to suppress the release of German documents detailing Hitler's plans to install the Duke of Windsor as a puppet king on the British throne after a Nazi invasion.
@BloombergTV: Frankfurt is already running out of office space for banks https://bloom.bg/2uF4seU