CLEAN : Malaysian PM criticises Trump's trade war at Bangkok summit

The video discusses the modernization efforts in China and the challenges faced by smaller countries in global trade. It highlights the importance of market opportunities, trade relations, and strategic responses to international competition. The speaker emphasizes the role of technology in leveling the playing field for smaller nations and the potential consequences of trade wars. The discussion also touches on the need for countries to adapt to new market dynamics and the impact of global competition on traditional economic powers.

What is a key challenge mentioned in the context of modernization efforts?

• Small group dynamics

• Resistance from local communities

• Technological barriers

• Lack of resources

What is one of the strategies mentioned for capitalizing on market opportunities?

• Reducing workforce

• Expanding into new territories

• Introducing female pilots

• Increasing import tariffs

How does the speaker suggest responding to unfair trade practices?

• By ignoring them

• By seeking international arbitration

• By retaliating with similar measures

• By increasing domestic production

What is a potential consequence of limiting trade through tariffs?

• Increased domestic employment

• Improved technological advancements

• Strengthened international relations

• Loss of access to new producers

What has been leveled out in the context of global competition?

• Technological advancements

• Market access

• Cultural differences

• Economic disparities