Steven Greenhouse | Human Centered
Economies represent the ultimate sum of millions of people and businesses making millions of decisions. And if enough of those businesses are frozen on how to respond to the U.S.-China trade war — like the owner of a Los Angeles cosmetics company featured in this week’s episode — then the U.S. economy will be in trouble. Sarah McGregor, editor of Bloomberg’s real-economy team, reports on how the businesswoman, Dara Venekeo, is being forced to consider whether to relocate her hard-built supply chains from China to another country, such as Vietnam.The conversation on supply chains continues as host Stephanie Flanders visits Singapore this week and checks in with Asia economy reporter Michelle Jamrisko there on how the situation is playing out in Southeast Asia and particularly Vietnam. Stephanie also talks with Asia economy editor Malcolm Scott on how the China-dependent economies of South Korea, Australia and New Zealand might need to resort to unorthodox monetary measures to shore up growth.