Trade

The Mall Is More or Less Dead, Says Legendary Retail Analyst Jan Kniffen

“The mall is more or less dead except in 279 great cases where we’ve got fabulous malls out there,” says legendary retail analyst Jan Kniffen. “But the 1,100 malls they’re struggling. It’s the levered retailers and the mall-based retailers that are struggling. We’re going to have 26 retail bankruptcies this year. But in a downturn, …

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Bad Guys Can Implant Malicious Functionality From Anywhere, Says Huawei Security Chief

“Hopefully, we as a nation can have a clear-eyed focus on what really matters,” says Andy Purdy, the Chief Security Officer of Huawei Technologies USA. “As a senior Qualcomm executive said the other day, you can talk about Huawei but we’ve got to make sure our communication networks are safe. The bad guys can implant …

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What Trump Is Doing Is Starting To Work

“Mr. Wonderful” Kevin O’Leary of SharkTank got some high praise for his comments in support of the Trump Administration’s trade actions in pursuit of a free trade agreement with China. President Trump tweeted. “Thank you Mr. Wonderful, I like you too!” Kevin O’Leary of SharkTank on Trump’s trade policy: It’s starting to work. O’Leary later …

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China Trying to Become an Economic Hegemon for the 21st Century

“This is deeper than trade,” says Steve Bannon, former White House Chief Strategist. “It’s a combination of One Belt One Road, which is this infrastructure project to unite the Eurasian landmass. It’s Made in China 2025, which is the convergence of advanced chip design, artificial intelligence, and robotics, where they will take over advanced manufacturing. …

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US in Competition with China for 5G Domination, Says James Jones

The US is in competition with China for 5G domination says James Jones, former Obama National Security Advisor. Jones says that 5G is the most disruptive technology to come our way this century, but we are way behind China in 5G marketing. He says that the choice is clear for our friends and allies. “You …

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Very Difficult to Use Chinese Venders for a While

Rakuten CEO Mickey Mikitani says he’s happy he didn’t choose to use Huawei and ZTE. “I kind of sensed the potential risk even if it’s only one percent” said Mikitani. “I told myself actually I cannot take a one percent risk that something may happen to prohibit Chinese network equiptment to be used for the …

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We’re Doubling Down in China

SAP CEO Bill McDermott remains very optimistic about doing business in China. He says that SAP has a fundamental belief in China and continues to invest in China. “We’re not having challenges in China,” says McDermott. “We’re doubling down in China. China has been very kind to SAP and we have been very kind to …

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