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The Latest on the Global Economy's Most Contentious Relationship
China and the U.S. trade high-profile sanctions, but the real impact is showing up in banks and on the Hong Kong stock market.
China and the U.S. trade high-profile sanctions, but the real impact is showing up in banks and on the Hong Kong stock market.
STORY CONTINUES BELOW
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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today on the Brief:
- Grayscale launches national digital asset TV ad campaign
- Rough times for oil as Saudi Aramco sees 73% decline in revenue
- Kodak crashes as government grant paused amid allegations of impropriety
Our main conversation is a look at the latest skirmishes between the United States and China, including:
- U.S. sanctions on Hong Kong leaders including Carrie Lam
- Retaliatory Chinese sanctions on U.S. politicians
- The arrest of a pro-democracy Hong Kong media tycoon
- Arrest warrants issued for six foreign Hong Kong democracy advocates
- President Trump signs executive orders targeting TikTok and WeChat
- Twitter enters the race to buy TikTok before the Executive Order ban takes effect
- Impact on banks, the Hong Kong stock market and Huawei
See also: Is This China’s Century or the US’s? Maybe It’s Both
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
