Amb. Kurt Tong, Managing Partner of The Asia Group, joined CNBC’s flagship show Squawk Box for a wide-ranging interview to share his insights on the President Biden’s new China-focused AI chip ban and Japan’s reaction to the high-profile Nippon-U.S. Steel deal.
“Geopolitics are everywhere around us,” Patel said. “They affect everythingfrom immigration, which affects workforce hiring to tax treatment to howcompanies operate to how people source products.”
Xi seems to believe that financial services have imposed a significant cost on China’s development through the high fees that bankers charge, while not contributing much to society, said Han Lin, China head of The Asia Group, a business advisory firm, and a former deputy general manager of Wells Fargo’s China arm. In the future,
Sinodinos says, compared with his first presidency, Trump has “in his own mind, almost absolute power”. “He’s got the Supreme Court, he’s got the House, he’s got the Senate. He’s at the height of his power,” he says.
“Unfortunately, client names randomly appearing on blacklists is becoming a more common feature of banking these days, and that adds risk,” said Han Shen Lin, China country director for US consultancy The Asia Group. “The most banks can do is reposition their business and client mix accordingly.” Inclusion on the list “doesn’t carry the same
The incoming Trump White House is organizing itself to take an aggressive approach toward Asia on trade and investment matters, with a particular focus on China. As 2025 unfolds, pay attention to whether Trump’s proposed new tariffs will come staggered or all at once, how China might retaliate, whether Trump and Xi will negotiate, to
The second Trump administration takes office in January 2025. How will President Trump’s pursuit of a streamlined American economy affect global markets, and how should Japanese companies prepare for geopolitical risks?
If Donald Trump’s China policy is defined by uncertainty and contradiction, Xi Jinping’s strategy is defined by clarity and determination. The Chinese president’s approach to the US president-elect is not a secret. Beijing has been quite clear since the election about its views and possible responses.
“In the long term, as more and more innovative products continue to be launched using inputs from many nations, a new type of pricing method may need to be developed in Japan.”
Amb. Kurt Tong, Managing Partner for The Asia Group, recently talked with Taiwan’s leading business magazine Commonwealth for an in-depth interview, sharing his insight on what Trump 2.0 means for U.S.-Taiwan economic ties and further implications on cross-Strait investment outlook. Full story here: https://www.cw.com.tw/article/5133214 (Chinese language)
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