Dirhams & Dollars

Ahead of a state visit by Chinese President Xi Jinping to the UAE, we talk about exactly what to expect and why this visit matters. Why is the president of the world’s second largest economy coming to the UAE? And exactly how much business potential does he bring with him? We also talk about why every industry wants to capitalise on the Chinese economy, be it on Chinese tourists, trade with China, or the Asian country’s growing demand for oil imports. And no discussion about China these days would be complete without mentioning US President Donald Trump and his "yuge" tariffs on China. We discuss global trade, and the shifting of powers to the east as the US closes itself off and Europe grapples with domestic issues. Is red China the new face of globalization? Listen to hear more.