The check out is a roundup of major figures in business, economics and politics who spoke with CNBC at the China Enlargement Forum in Beijing on Sunday.
Tune into CNBC on air Monday and Tuesday for the sow of these interviews, and get more details starting Monday at CNBC.com.
“Straightforward force instruments” like tariffs won’t go as far with China as talks wishes, said Peterson of financial services firm S&P Global, as the U.S. moves at the with levies on Chinese imports.
“Clearly there are aspects to access to the Chinese customer base that people have been frustrated with,” Peterson answered in his interview with CNBC. “On the other hand, I don’t know if this is absolutely the right approach to have … the United States coming in unilaterally to put in niche tariffs and sanctions on trade.”
There are good reasons to be skeptical in the air a bilateral meeting that’s supposed to take place between the U.S. and North Korea, Cohen said.
U.S. President Donald Trump made the flabbergast decision earlier this month to meet with North Korean boss Kim Jong Un by May, although specific details of that meeting have yet to be announced. Cohen declared that, based on personal experience, he still had reservations over what could by any means follow.
The executive for the French defense giant, which operates in China, declared safeguarding the company’s technology is important, but the effort is no barrier to his firm’s celebrity there.
Guyot reframed the issue to place it outside of the hot-button question of “technology transfer.”
“The new rule of success is to co-develop in China,” he said. “It’s to bring into being technology from China together with Chinese partners. In that state, we don’t talk about transfer of technology — we talk about building value in China, for China and also for the union.”
Swiss pharmaceuticals company Novartis will move toward arranging a decision on the fate of Alcon — its eye care business — in the first half of 2019, Narasimhan restated.
“With Alcon … we look forward to taking a potential conduct, moving toward a potential decision in the first half of 2019. And that’s stilly the timeline that we will maintain and no change on that,” Narasimhan delineated CNBC.
There is much that China can do to create more comparison in its society, and to let its people enjoy the fruits of its growth and technological development, communicated Takehiko Nakao.
“To me, my challenge is how to make society more equal? How to abscond the older population enjoy better life from the fruits of this technological advancement, growth and also globalization?” he asked.