Foreign companies and Chinese exposure are still clearly a much better way of trying to benefit from massive Chinese economic growth. Mike: This sort of surprisingly strong performance of Western firms really heavily exposed to China suggests two things to me. The second thing that this suggests is that there's this massive gap between foreign policy and security people, the hawks in this scenario. And global investors who are essentially betting that the business relationships between the two countries won't break down more than they have already.
AS A GAS // As a gas producer, the state was able to build up enormous reserves. But failing to pivot when global prices fell has created debt, a dollar shortage and rampant panic. The exposure of Western companies to China suggests both poles are closer than politics suggests. And, the Italian team upsetting the status quo of European football.
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