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US aims for Chinese funding

As tensions between the United States and China continue to rise amid the Covid-19 pandemic, the Asian superpower is looking to cut back on its holding of US debt. What’s the potential significance of such a move and how is the US responding? Meanwhile, markets are still on shaky ground after a hectic week, with equities slipping. Plus, the pandemic has delayed several high-profile movies this summer, but the first blockbuster of the season is getting a late release this weekend.

US aims for Chinese funding
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.