Show Notes
After struggling to build products on three continents, Apple turned to China’s seemingly endless supply of cheap labor. It soon deployed thousands of engineers, trained millions of workers, and invested hundreds of billions of dollars to create the most advanced global supply chain. These efforts fueled the iPhone’s dominance—but also laid the foundation for a powerful, state-supported Chinese electronics industry. What began as a business decision evolved into a cautionary tale of global trade, tech rivalry, and national security. For more, Bloomberg's Carol Massar and Tim Stenovec speak with Patrick McGee, author of the book Apple in China: The Capture of the World's Greatest Company See omnystudio.com/listener for privacy information.
More from Bloomberg Talks
At an agricultural commodity futures conference in Kansas, Bloomberg’s Tyler Kendall speaks with Kalshi CEO and Co-founder Tarek Mansour about the growing role of prediction markets in elections and the regulatory challenges facing the industry. Mansour calls this the first election in which prediction-market use is becoming institutionalized, saying campaigns rely on the markets for real-time information that he argues can be more accurate than polls. He says Kalshi is engaging with policymakers from both parties and supports regulation, including clear rules on prohibited markets, insider trading and participation by members of Congress and the administration, alongside customer protections. See omnystudio.com/listener for privacy information.
Ann Miletti, Head of Equity Investments at Allspring Global Investments, talked to Tom Keene and Paul Sweeney on Bloomberg Surveillance. She discussed her hometown Milwaukee Brewers representing the National League in the 2026 MLB World Series. See omnystudio.com/listener for privacy information.
Speaking with Tyler Kendall at an agricultural commodities futures conference in Kansas, CFTC Chair Michael Selig said the agency and exchanges monitor political prediction-market contracts for manipulation risks, including low trading volume. He said exchanges review contracts before listing them and surveil markets for suspicious activity. Asked whether investigations are underway related to the midterms, Selig declined to discuss potential investigations, but said the CFTC would investigate and prosecute suspected manipulation, wash trading or fraud. See omnystudio.com/listener for privacy information.
Nicușor Dan, President of Romania, joined Bloomberg's Joe Mathieu and Keiley Leinz on Balance of Power to discuss the war in Ukraine. Dan stated “The Russians are trying to escalate, to provoke all the European countries,” and that “We don’t have to go into this escalation process.”. See omnystudio.com/listener for privacy information.
Max Levchin, CEO of financial technology company Affirm, joined Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily to discuss his company's new partnership with Sam's Club as the retailer's exclusive buy-now, pay-later partner, just weeks before the key holiday shopping season kicks off. See omnystudio.com/listener for privacy information.