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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.

(Joseph Chan/Unsplash)
(Joseph Chan/Unsplash)

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.

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This episode is sponsored by Crypto.comBitstamp 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.

Nota: Le opinioni espresse in questa rubrica sono quelle dell'autore e non riflettono necessariamente quelle di CoinDesk, Inc. o dei suoi proprietari e affiliati.

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.

Nathaniel Whittemore