Bloomberg Daybreak: Asia Edition
President Xi meets CEOS, Yellen China Comments
Mar 28, 2024
Jenni Marsh discusses President Xi's meeting with top US CEOs in Hong Kong. Margie Patel shares market predictions and impact of interest rate hikes. Joe Mathieu reflects on Senator Joe Lieberman's political legacy and challenges in modern politics, including the collapse of the Key Bridge in Baltimore.
21:36
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Quick takeaways
- President Xi emphasizes China's tech strength, criticizes US containment measures.
- Foreign firms face challenges in navigating China's policies, balancing market access and restrictions.
Deep dives
Chinese President Xi Jinping's Technological Advancements vs. US Containment Measures
Chinese President Xi Jinping expressed confidence in China's technological advancements while criticizing containment measures by the United States and Europe. The delicate balance Xi aims to strike involves projecting strength while acknowledging external criticisms, especially regarding foreign direct investment figures.
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