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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.

CoinDesk Insights
Aug 10, 2020 at 7:00 p.m. UTC
Updated Sep 14, 2021 at 9:42 a.m. UTC

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.

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.

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

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.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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