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20/11/2021 GMT

From tariffs to territorial disputes, China's relationship with the west has grown increasingly fractious in recent years.

From tariffs to territorial disputes, China's relationship with the west has grown increasingly fractious in recent years. However for business, the lure of cheap production and a billion plus consumers has made the country an indispensable partner in the quest for profits and growth. But are those political issues now starting to take their toll on companies that want to operate on mainland China. Earlier this month US President, Joe Biden tightened restrictions on Chinese tech firms Huawei and ZTE. On the flip side LinkedIn and Yahoo announced there were pulled out of mainland China in response to tougher data regulations.

So could the world's two biggest economies really decouple - or do they need each other too much? We get the thoughts of Ker Gibbs, President of the American Chamber of Commerce in Shangha. And Edith Yeung, a Partner at Race Capital who specialises providing funding for Chinese and America tech firms.

Also Cash was once the undisputed king of payments - but, with its crown already slipping, the pandemic supercharged the move away from hard currency. Many people now go through their daily life without touching a single coin or note. It's more convenient, more secure and more versatile - but is it good news for everyone? That one of the questions we put to Ann Cairns the Executive Vice Chair at Mastercard when we spoke to her for the show.

23 minutes

Last on

Thu 25 Nov 2021 08:30

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