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BREAKDOWN: The Latest on the Global Economy's Most Contentious Relationship

Author
CoinDesk
Published
Mon 10 Aug 2020
Episode Link
None

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.
This episode is sponsored by Crypto.com, Bitstamp 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

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