Is It Curtains for the U.S.-China Economic Relationship?
Beneath the tariffs, counter-tariffs and on-again off-again negotiations between the U.S. and China over trade policy, a deeper confrontation is brewing—one with potentially bigger consequences. In a punitive, short-term move, the U.S. is preventing Chinese companies from using some American technologies. But longer-term, the tactic may trigger a “Silicon Curtain” behind which China develops homegrown tech to rival America’s. Carolynn Look reports from China on how this is playing out for businesses big and small, and host Stephanie Flanders talks with Bloomberg Chief Economist Tom Orlik about what it all means for China’s economy. Then we switch gears, in more ways than one, and turn to a new list of the best (and worst) cities around for drivers. Flanders and Bloomberg economy editor Zoe Schneeweiss discuss what makes a metropolis great for automobiles. As it turns out, what’s good for driving can also be good for walking and bicycling.