US-China

Bloomberg Radio: Sound On: Jobs day, Fed's next move, US-China + US-Mexico, Election 2020, and Christine Lagarde

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On Friday, July 5, Caracal Global Founder Marc A. Ross joined Bloomberg Radio's Sound On program.

Bloomberg Chief Washington Correspondent Kevin Cirilli was the host and Mattie Duppler, president of Forward Strategies and a National Taxpayers Union fellow, also joined the program for a wide-ranging discussion.

Topics:

Jobs day + the Fed's next move

US-China + US-Mexico commercial relations

Senator Cory Booker + Election 2020

Citizenship + 2020 Census

Christine Lagarde + European Central Bank

US-China Trade Talks + Ted Allen

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Last Thursday, Brigadoon Founder Marc A. Ross joined Bloomberg Chief Washington Correspondent Kevin Cirilli on Bloomberg Radio's Sound On program.

Other guests, Ted Allen, Ambassador for former first lady Michelle Obama’s education initiative, Reach Higher and Host of Chopped and Margaret Talev, Bloomberg News Senior White House Reporter.

It was a fun show on food politics, restaurants impacted by the tariffs, an update on US-China meetings, happenings on Capitol Hill, and the Super Bowl.

You can listen here: https://bloom.bg/2UvNLMj
 


The horse race reporting that is American technology vs. Chinese technology

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The media love these stories as the easily play into the horse race narrative of US vs. China - especially in the tech sector. You can see a whole new batch below:

Economist: How does Chinese tech stack up against American tech?

McClatchy: China sets goal of rapidly surpassing US as artificial intelligence race heats up

NYT: The US-China rivalry is, more than ever, a fight over tech

WSJ: Why Washington is so obsessed with China’s Huawei

In the recent past American media only saw Chinese tech firms at best as copycat producers and at worst as industrial spies. However, the narrative is now shifting to a new dynamic as America's technology sector fears that China is reaching tech parity. 

In reporting recently, McClatchy added this spicey sentence to its article comparing the AI efforts of China and the United States: "It set up a broader race between China and the United States over artificial intelligence, a competition that could mold the future of humankind just as the widespread arrival of electricity did in the last century.

The conventional wisdom for editors and headline writers is that such language drives clicks, makes globalization a simple win-loss transaction, and ensures there can only be one winner when it comes to global technology. 

Let's remember competition is good - it is good consumers, it is good for companies, it is good for countries. 

Marc A. Ross is the founder of Brigadoon and specializes in global communications and thought leader management at the intersection of politics, policy, and profits. Working with boardrooms and C-Suite executives from multinational corporations, trade associations, and disruptive startups, Marc helps leaders create compelling communications, focused content, and engaging presentations.

American Politics: Trump’s economic policy toward China receives mixed support from Americans

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A poll shows US adults split on whether closer economic ties between Washington and Beijing is a good thing. A 37 percent plurality of US consumers believes Trump is taking the right approach to Washington's financial relationship with China, while 35 percent disagree, according to a recent poll. Thirty-six percent of independents said the president is taking the wrong approach, compared to 12 percent of Republicans and 55 percent of Democrats who share that view.

Of course, what Americans think nationally doesn't matter as much when you have an election process for President that based on securing electoral college votes from states - and not securing a popular national vote. States like Michigan, Pennsylvania, and Ohio are filled with voters demanding stricter trade and economic actions forcing a reset of America’s commercial relationship with China.

Senator Sherrod Brown of Ohio believes the administration has “fallen far short” of his expectations on the trade front. “The problem in the White House is whispering in one ear are some people who are right on trade like (US Trade Representative Robert) Lighthizer and (US Commerce Secretary Wilbur) Ross,” Brown said in a Feb. 6 interview. “And in the other ear, you’ve got all of the Wall Street executives, in his other ear, whispering.”

You can read the full poll from Morning Consult here: https://goo.gl/DFYMYE 

Marc A. Ross is the founder of Brigadoon and specializes in global communications and thought leader management at the intersection of politics, policy, and profits. Working with boardrooms and C-Suite executives from multinational corporations, trade associations, and disruptive startups, Marc helps leaders create compelling communications, focused content, and engaging presentations.