This chapter explores the potential impact of the Chinese EV boom on the US market, including concerns about Chinese supply chain companies taking advantage of tax credits, Chinese investment in Mexico, national security risks, and data security risks. It also discusses the emergence of East-West trade blocks and how China's alignment with Russia has influenced perceptions of national security risk.
China’s economy has been in rough shape, and the government is trying to address it. But there’s another threat on the horizon: the US election.
During their presidencies, both Joe Biden and Donald Trump backed policies that drove the US and China further apart. Now, they're both campaigning for re-election on continuing on that trajectory.
In this episode, Joe Weisenthal and Tracy Alloway from the Odd Lots podcast speak with Tom Orlik, chief economist at Bloomberg Economics, and Mackenzie Hawkins, US industrial policy reporter for Bloomberg News. They’ve measured what a Trump or Biden victory in 2024 could mean for China’s economy, and beyond. Subscribe to Odd Lots to get all of their episodes.
See omnystudio.com/listener for privacy information.