Global Counsel Chairman Mandelson on Global Supply Chains

The video features a discussion with Lord Mandelson at the Cutter Economic Forum, covering topics such as Britain's trade strategy post-Brexit, the recalibration of UK-China relations, the role of British banks in Hong Kong, and the resilience of global supply chains amid the pandemic. Mandelson emphasizes the need for flexibility in trade negotiations, the importance of human rights in international relations, and the continued significance of global supply chains.

What is the concept of 'Global Britain' as discussed in the video?

• A Britain that isolates itself from global trade

• A Britain that aims to trade globally post-Brexit

• A Britain that returns to the European Union

• A Britain that focuses solely on European trade

What is one potential downside of negotiating trade agreements quickly, according to Lord Mandelson?

• It ensures all details are thoroughly considered

• It can lead to stronger trade agreements

• It guarantees better political outcomes

• It may result in agreements with less substance

What is a potential benefit of Britain's new trade strategy post-Brexit?

• Increased dependency on the European Union

• Faster and more flexible trade negotiations

• Complete isolation from global markets

• Guaranteed perfect trade agreements

How is the UK approaching its relationship with China, as mentioned in the video?

• By recalibrating the relationship without turning against China

• By aligning entirely with the United States' approach

• By completely cutting off trade relations

• By focusing solely on human rights issues

What is one reason for the UK's recalibration of its relationship with China?

• To eliminate all geopolitical rivalries

• To focus solely on trade benefits

• To increase dependency on China

• To address human rights and rule of law issues

What is the stance of the British financial system regarding its operations in Hong Kong?

• To focus only on mainland China

• To abide by local laws while maintaining business

• To completely withdraw from Hong Kong

• To ignore local laws and operate independently

What has the pandemic revealed about global supply chains, according to the discussion?

• They need to be entirely onshored

• They are resilient and have served well

• They have broken down completely

• They are fragile and unreliable