CGTN Presenter Juliet Mann spoke to Croatian Prime Minister Andrej Plenković and Hong Kong financial Secretary Paul Chan.
Category
🎵
MusicTranscript
00:00Our correspondent Juliet Mann is in Davos. So Juliet, what have people there been saying?
00:09Well, you know what Robin and Jamie
00:12Trump's America first agenda
00:14Really does raise some awkward questions for the Davos set and also for the European Union as we heard there from John and also from
00:20Giles he's threatened tariffs on EU goods. He says well, he's accused Europe of not well
00:28Saying that America has been treated very very badly
00:32European Central Bank head Christine Lagarde said what we need to do here in Europe is be prepared
00:38We need to anticipate what's happened and then respond and if you think that sounds suitably vague for a central banker
00:44Well, the Commission is also choosing its words very carefully and the EU Trade Commissioner Valdis Dombrovskis said here in Davos
00:51The EU will react proportionately to any tariffs to protect and defend its economic
00:59Interests Spain's Prime Minister Pedro Sánchez. He's also been speaking here. I'm using his platform in in Davos to
01:07Slam social media. He said it's eroding democracy by spreading
01:12disinformation
01:14He didn't hold back. He really didn't and he said that tech billionaires, especially those who are heading up social media companies
01:21Really need to be held accountable
01:24What truly limits democracy is the power of the elites?
01:28It is the power of those who think that because they are rich
01:32They are above the law and can do anything
01:36That is why my friends
01:39That is why
01:41The tech billionaires want to overthrow
01:44democracy
01:46This ladies and gentlemen is the truth on the terrible threat we face
01:51The technology that was intended to free us has become the tool of our own oppression. I
02:01Spoke to Andrei Plenkovich, he's the prime minister of Croatia and he was a little bit more conciliatory
02:08He said that Trump back in the White House presents an opportunity for the EU
02:14When it comes to the United States EU relation, we need a lot of pragmatism better understanding we need to strengthen our economies
02:22Especially in the big member countries stagnation is not a very good
02:26economic
02:28Situation and therefore I think we should use the capabilities of increasing our trade
02:33Which is mutually beneficial and we have proven in the past that there are ways to do it. I
02:38I
02:39Also spoke to Hong Kong's finance secretary and Paul Chan and about what Trump in the White House will mean for trade
02:49Well with President Trump, I think the the basic premises such as geopolitical tension
02:56Geopolitical economic fragmentation will be there
02:59But at the same time as a super connector and super valuator we can find a way to add value
03:06And to grow say for example in on the trading front
03:09Nowadays a lot of mainland companies going global. They have their manufacturing bases in Southeast Asia to
03:17Realize their industry base in response to this
03:22Trade tension so Hong Kong in the process can serve as a high value added supply chain management center
03:30trade finance center, so this is
03:33Just one example
03:36And don't forget we will be hearing from the man himself president Donald Trump at the World Economic Forum annual meeting in Davos
03:43He's appearing via video link tomorrow Thursday