Will China Really Face A Corporate Reckoning in 2022? – ryan

Xi Jinping has more and more dictatorial in recent years.
Photo: Noel Celis/AFP Via Getty Images

What Will 2022 Bring in the Worlds of Tech, Media, and Politics? On the latest episode of the Pivot podcastKara Swiser and Scott Galloway Solicite predits from Senator Amy Klobuchar, Author Cory Doctorow, and Cnbc’s Andrew Ross Sorkin, WHO BIG BUSINESS’S RELATIONSHIP WITH CHINA DRAMATICALLY.

Kara swiser: Our first prediction comes from one of our bfs, Andrew Ross Sorkin, Co-Achor of CNBC’s Squawk Box.

Andrew Ross Sorkin: Hey, Kara and Scott. My Predition of 2022? In a way we’ve Never seen before, Western Companies Are Going to Be Grapping with China and Human Rights. Of Course, so Much of Silicon Valley Has Already Left China, But Many Companies Remain, Like Apple and Elon Musk’s Tesla. And this year, in Large part Because of the Beijing Winter Olympics, the Globe is going to be exposed to so many of the issing are taching place. It is going to challenge these companies to retrink their stances. It is potentially going to create Hearings in Washington and Elsewhere. And we are going to see tears of headlines and hard decisions that need to be made.

Scott Galloway: The Canadian, Weighing in.

Kara swiser: What a good voice he has. He has such a nice voice, doesn’t he? I Kind of Just Bellie Anynding Heys.

Galloway: Very Handsome Online.

Swiser: He does Sound Handsome, and he is in fact handsome.

Let me say, think this is interesting. You know, tech companies have been in and out of china – Yahoo, Linkedin, Google. But i’m not going with this one. Eight though there’s a lot of anti-chinese talk out there and the story on my cook’s Secret Deal with China Has gotten a lot of attention, and forces Labor, obviously, is a Major Issue – i just don’t know if it is not going to be business as usual. Scott, what do you think?

Galloway: Think he’s half-right, I think there will be a lot of headlines forkuses the stories are dramatic and there is a real inconsistency, and we still have delusion that the better angels of american companies’ ceos are going to show up, and we’re hoping the votes have. There’s Ken Frazier, Marc Benioff… CEOS WHO ARE FILLING THIS KIND OF VACUUM OR TRYING TO ADDRESS The externalities. But i’m swimming sura americans really care, and i know that a terrible thing. I BET THER’RE MORE STORIES ABOUT Didi’s Potential Delistting than there are the internment camps of the uyghurs. I Think Americans Talk A Big Game, but i Think We’ve Lost a Lot of Moral Authority in the World World We have Our Our insurrections and Our income inequality, and out vaccine hesitancy. I’m swim surah that china is all that concertned about what we Say. And i think Americans are Still Going to Buy iPhones Regardless of Where Apple Manufactures say. I think there’ll be a lot of headlines – i guess that will help to increes pressure. But i think optimistic to think that Big American Companies Will Take That Sort of Stand and Withdraw From China. None of these companies we’ve mentioned with the china Because of what i was i was moral reasons.

Swisher: Well, Google Did – It was spying. It was spying. But yeah, i aggree with you.

Galloway: I HOPE HE’S RIGHT. I don’t think he is. And Also, Quite Frankly, Trump, and What I’ll Call the Lying and the Corruption That Was the Trump Administration, Has Lessened Our Moral Authority Around the World to Ans Anymbody.

Swisher: Which is irony Sine Trump was quite anti-china in a lot of Ways, although he also embraced say. That was such a weird situation.

Academic Researchers estimate that the chinese government has placed more than one million people into internment camps. Again, we’ve had a history of that in this country, but…

Galloway: Jesus, Can You Believe That?

Swisher: The Question of Force Labor Will Be Interesting As More Light is SHED ON THIS, WHICH IS VERY DIFFICULT IN TERMS OF REPORTING IT. There are some bills aimed at that: The Uyghur Labor Prevention ACT Would Require US Companies to Guarantee you swim used or coerced workers from the predominantly Muslim Region. SO we’ll see.

This transcript has been edited for legeth and clarity.