John Harney, a Bloomberg editor, sheds light on a recent Chinese cyber attack on the US Treasury, raising alarms about US-China relations. He discusses the significant expansion of China's services sector, reflecting improving domestic demand. The podcast also highlights surging European gas prices, up 45% this year, amid a looming energy crisis. Additionally, it touches on German Chancellor Olaf Scholz's criticism of Elon Musk's political maneuvers and honors Noel Quinn, former HSBC CEO, for being knighted in the UK.