The Chinese deflation prices are down according to the PPI 5.4% year over year. And I do believe they are going to export it over time. The history of technology over time is that it's a net job creator. But we do know that disruptive innovation will disturb or disintermediate the traditional world order.
Featuring some of our favorite conversations of the week from our daily radio show “Bloomberg Businessweek.”
Hosted by Carol Massar and Matt Miller.
Hear the show live at 3PM ET on WBBR 1130 AM New York, Bloomberg 106.1 FM Boston, Bloomberg 960 AM San Francisco, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 119, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.
You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @MattMiller1973 and @BW
See omnystudio.com/listener for privacy information.