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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina is making sure Tesla 'doesn't fade into oblivion' amid EV price war, says China Beige Book CEOLeland Miller, China Beige Book CEO, joins 'Squawk Box' to discuss Elon Musk's surprise trip to China, state of China's EV market, China's economic challenges, and more.
Persons: Tesla, Leland Miller, Elon Musk's Organizations: China Locations: China, China's
China's surge in exports means a trade conflict is likely under either presidential candidate, Capital Economics said. The nation now makes up 15% of global manufacturing exports, which it will have to unload onto US consumers. He sees it as a consequence of the pandemic, when outsized lockdown demand ignited China's manufacturing sector, and output has jumped over 25% since 2019. Miller estimated that a trade war could start as soon as next year. During his tenure in the White House, he led a tit-for-tat trade war with Beijing, with many of its policies still in place under President Joe Biden.
Persons: , Mr Trump, Neil Shearing, Shearing, Leland Miller, it's, They're, they're, Miller, Donald Trump's, Trump, Joe Biden Organizations: Capital Economics, Service, White, Washington, Capital, Democrat, CNBC Locations: China, Beijing, Europe
China wants to transition its growth model, with a bigger role for manufacturing, China Beige Book CEO Leland Miller told CNBC. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs China looks to transition towards a healthier growth model, its strategy could spark a head-to-head with other global economies, China Beige Book CEO Leland Miller told CNBC. Because the Chinese economic growth model is not sustainable considering the political sensitivities of the rest of the world." Meanwhile, a flood of Chinese solar panels to Europe has sparked warnings that one of the region's biggest production sites could close.
Persons: Leland Miller, , Miller, they're, They're, BYD, Tesla Organizations: CNBC, Service, Beijing Locations: China, Beijing, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's growth target of 5% is specious and incompatible with recent comments: China Beige Book CEOChina Beige Book CEO Leland Miller joins 'Money Movers' to discuss what Miller makes of China's latest growth target, what explains the Premier's decision to cancel their briefing, and more.
Persons: Leland Miller, Miller Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's economy has been bad, but not bad enough for big stimulus: China Beige Book CEOLeland Miller, China Beige Book CEO, joins 'Squawk Box' to discuss the state of China's economy, fallout from the liquidation order for property giant Evergrande, China's ailing property sector, and more.
Persons: Leland Miller Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's tepid economic recovery represents a policy 'narrative shift', says China Beige Book CEOLeland Miller, China Beige Book, joins 'Fast Money' to talk the impact of the Chinese economy on earnings, the state of the Chinese consumer and more.
Persons: Leland Miller Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeople are too bearish cyclically on China, says China Beige Book CEO Leland MillerLeland Miller, China Beige Book CEO, joins 'Squawk Box' to discuss the state of the Chinese economy, why a new report is contradicting the notion the economy is on the verge of collapse in China, and more.
Persons: Leland Miller Leland Miller Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's not on the verge of collapse, and people are 'too panicked': China Beige Book CEOLeland Miller, China Beige Book CEO, joins 'Squawk on the Street' to discuss why sentiment is too bearish on China, what ultimately happens with the government's response to economic pressures, and what to expect as the next move from China.
Persons: Leland Miller Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. chipmakers don't want to irritate the Chinese government, says China Beige Book’s Leland MillerLeland Miller, China Beige Book CEO, joins 'Squawk Box' to discuss the latest in the U.S.-China tech tensions, the impact of companies and investors, and more.
Persons: chipmakers, Leland Miller Leland Miller Organizations: U.S, U.S . Locations: China, U.S
"For months, analysts have pumped the idea that Beijing has little choice but big-bang monetary easing," said Leland Miller, chief executive of China Beige Book. Shehzad Qazi Managing director, China Beige BookAs the report pointed out, "We already have monetary stimulus, it just isn't working." Major Wall Street banks — from Goldman Sachs and Bank of America to UBS and Nomura — recently cut their China growth projections. China Beige Book's survey involved 4,604 respondents in China across two periods: in mid-April, and from mid-May to mid-June. Derek Scissors Chief economist, China Beige Book
Persons: Leland Miller, it's, Shehzad Qazi, Goldman Sachs, Premier Li Qiang, Derek Scissors Organizations: Getty, People's Bank of China, China, Bank of America, UBS, Nomura, realtors, Premier Locations: China, Beijing, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina Beige Book CEO: Here's why the markets are so upset about China's recoveryChina Beige Book CEO Leland Miller joins ‘Squawk on the Street’ to discuss the Chinese economy as the country cut two more key lending rates for the first time in 10 months.
Persons: Leland Miller, ‘ Squawk
The bubble in China's property market finally popped. In April, China's economic data came in weak largely across the board. The problem is that while consumers may be picking up, the biggest drivers of the Chinese economy — property and exports — are going to stay dormant. Consumer consumption makes up about 37% of the Chinese economy (in the US that figure is about 70%). Beijing has tried to shift the country toward a consumption model, like the US, but exports still make up 20% of China's economy.
Persons: lockdowns, it's, Xi Jinping, Stanley Druckenmiller, We're, Morgan Stanley, Goldman Sachs, Wei Yao, Leland Miller, Miller, Yao, Wright, I've, , Kearney, Linette Lopez Organizations: Trade, JPMorgan, Bloomberg Invest Conference, Bank of America's, China's National Bureau, Statistics, Societe Generale, Analysts, Beijing, China, Chinese Communist Party, China's Locations: China, globalism, Beijing, York, Asia
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's too early to give up on the Chinese recovery, says China Beige Book's CEO Leland MillerLeland Miller, China Beige Book CEO, joins 'Fast Money' to talk market reactions to China's reopening and why the response may be too hasty.
Persons: Leland Miller Leland Miller Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese economy begginning to 'reactivate', says China Beige Book's Leland MillerChina Beige Book CEO Leland Miller joins 'Squawk on the Street' to discuss China's economic outlook for Q2, Chineses consumer appetite, and a long-term structural slowdown in China.
"A big Chinese balloon in the sky and millions of Chinese TikTok balloons on our phones. But US tech companies that rely on data collection for advertising sales or other business practices have fought to curb such regulations. Still, efforts by members of Congress to pass federal legislation around data privacy, such as the American Data Privacy and Protection Act, have faced an uphill battle. Apple's 2021 user privacy changes stunted ad revenue at Facebook and Snapchat-maker Snap, for example. But blocking companies from gathering private information from users could also be a more effective path to protecting Americans while maintaining an avenue for Chinese companies to participate in the global economy.
"A big Chinese balloon in the sky and millions of Chinese TikTok balloons on our phones. TikTok has hurt its own cause when it comes to its reputation around data privacy. For example, the company misrepresented how US user data was managed and then its parent company monitored the locations of reporters who exposed its practices. Still, efforts by members of Congress to pass federal legislation around data privacy, such as the American Data Privacy and Protection Act, have faced an uphill battle. Apple's 2021 user privacy changes stunted ad revenue at Facebook and Snapchat-maker Snap, for example.
Growth in China is no longer a priority: China Beige Book CEO
  + stars: | 2023-03-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrowth in China is no longer a priority: China Beige Book CEOLeland Miller, China Beige Book CEO, joins CNBC's 'Squawk Box' to discuss billionaire investor Mark Mobius' recent comments on investment in China, whether China is focused on things other than growth, and more.
China's going to see a better 2023, says China Beige Book CEO
  + stars: | 2023-02-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's going to see a better 2023, says China Beige Book CEOLeland Miller, China Beige Book CEO, joins 'Squawk on the Street' to discuss his thoughts on China growth patterns and China's reopening.
What a China reopening could mean for the global economy
  + stars: | 2023-01-11 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat a China reopening could mean for the global economyLeland Miller, China Beige Book, on whether a China reopening will be a greenlight for the economy. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Carter Worth, Steve Grasso and Courtney Garcia.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina faces a number of tough months ahead, says China Beige Book CEOLeland Miller, China Beige Book CEO, joins CNBC's 'Squawk Box' to discuss China's economic growth prospects in 2023 as the country moves away from its stringent zero-Covid policy.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's easing of some of Covid curbs is causing a short-term stock rally, research firm saysLeland Miller of China Beige Book International discusses the "two very different stories" going on in China.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's unlikely Chinese protests will flip zero-Covid policies, says China Beige Book CEOLeland Miller, China Beige Book CEO, joins CNBC's 'Squawk Box' to weigh in on the protests across China over the country's stringent zero-Covid restrictions.
Semiconductor chips are the tiny brains that power our technological world, from cars and cellphones to fighter jets and advanced missile systems. Right now China is awash in money for tech, but you need the right people and customers that trust you. Why China needs the chipsThe Chinese economy is big, but it isn't wealthy. In other words, China needs a more lucrative line of business the same way someone with credit-card debt needs a raise. The Made in China 2025 plan lays out a goal for domestically manufactured chips to meet 70% of China's semiconductor needs within three years.
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