White House “FLOW,” Pressures in Beijing, & Kremlin Debt Drama 3/15/22
Chinese tech stocks are under serious pressure as domestic and international regulators heighten scrutiny on Chinese firms and Covid cases prompt lockdowns in Chinese manufacturing facilities and port cities. Meanwhile, Russia denies that the Kremlin asked Beijing for military support and for aid in avoiding Western sanctions as it wages war in Ukraine, and Chinese officials deny that they signaled being open to Russia’s request. After a 7-hour, “intense” talk between U.S. and Chinese officials about the conflict, the world still has little clarity on China’s stance. Here at home, the White House is rolling out a new program to ease supply chain congestion; Transportation Secretary Pete Buttigieg explains the strategy and the impact of infrastructure investment on inflation. Plus, global investors are weighing the risk of Russia defaulting on its debt, and on Equal Pay Day, the gender pay gap is just as present as ever. In this episode: Sec. Pete Buttigieg, @SecretaryPete Eunice Yoon, @onlyyoontv Leslie Picker, @LesliePicker Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Klaire Odumody, @klairemarie
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Show Notes
Chinese tech stocks are under serious pressure as domestic and international regulators heighten scrutiny on Chinese firms and Covid cases prompt lockdowns in Chinese manufacturing facilities and port cities. Meanwhile, Russia denies that the Kremlin asked Beijing for military support and for aid in avoiding Western sanctions as it wages war in Ukraine, and Chinese officials deny that they signaled being open to Russia’s request. After a 7-hour, “intense” talk between U.S. and Chinese officials about the conflict, the world still has little clarity on China’s stance. Here at home, the White House is rolling out a new program to ease supply chain congestion; Transportation Secretary Pete Buttigieg explains the strategy and the impact of infrastructure investment on inflation. Plus, global investors are weighing the risk of Russia defaulting on its debt, and on Equal Pay Day, the gender pay gap is just as present as ever.
In this episode:
Sec. Pete Buttigieg, @SecretaryPete
Eunice Yoon, @onlyyoontv
Leslie Picker, @LesliePicker
Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick
Klaire Odumody, @klairemarie
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