China’s Economic Crackdowns Are Crushing the Dreams of a Generation
Big Take27 Syys 2024

China’s Economic Crackdowns Are Crushing the Dreams of a Generation

This week, China’s central bank announced a stimulus package designed to revive the economy, cutting an interest rate and reducing the amount of money banks need to hold in reserve.

But the country’s ongoing drive to upgrade its struggling economy has left millions of people facing job losses or pay cuts, fueling an existential crisis among some of its best and brightest workers.

On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg's Lulu Chen about the impact Xi Jinping’s push is having on professionals, from banking to tech, and what this anxiety could mean for the outlook of the world’s second-largest economy.

Read more:
Xi Unleashes a Crisis for Millions of China's Best-Paid Workers

China Unleashes Stimulus Package to Revive Economy, Markets

Further listening:

Why China’s Investment Bankers Are Breaking Up With Capitalism

What Does China’s Economic Slowdown Mean For the Communist Party?

See omnystudio.com/listener for privacy information.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(1003)

Most Americans Say They’re Working Class. Are They?

Most Americans Say They’re Working Class. Are They?

The “working class” in America used to conjure a vivid image: factory workers, blue-collar jobs and a political coalition born out of the Industrial Revolution. But as Republicans and Democrats try to...

17 Syys 18min

Why the Federal Reserve Raised Interest Rates

Why the Federal Reserve Raised Interest Rates

The Federal Reserve raised interest rates by 25 basis points today and indicated another hike could come later this year. Chair Kevin Warsh had telegraphed the move, putting him on a collision course ...

16 Syys 17min

Can the AI Industry Slow Down?

Can the AI Industry Slow Down?

AI executives across the industry, led by Anthropic CEO Dario Amodei, called for a coordinated slow down in AI development over the weekend. The move followed a viral post on X from a former Anthropic...

15 Syys 16min

Why Canada Is Cozying Up to Europe

Why Canada Is Cozying Up to Europe

In the midst of a trade war with the US, Canadian Prime Minister Mark Carney is on a charm offensive. On today’s Big Take podcast, Bloomberg’s Derek Decloet and host David Gura break down how Canada i...

14 Syys 18min

LIV Golf’s $5 Billion Path to Bankruptcy

LIV Golf’s $5 Billion Path to Bankruptcy

LIV Golf split the professional circuit early this decade with its flashy tournaments and payouts that outstripped what golfers were earning on PGA tours. Now, after five years — and more than $5 bill...

13 Syys 16min

How India Is Training the Robots of the Future

How India Is Training the Robots of the Future

Tens of thousands of workers in India are wearing head-mounted cameras to record their every move, helping train humanoid robots to perform everyday human tasks. On today’s Big Take Asia podcast, Bloo...

11 Syys 17min

So Could AI 'Kill Us All'?

So Could AI 'Kill Us All'?

"The people building AI earnestly believe that it could kill us all by the end of the decade." An X post by a former employee of both OpenAI and Anthropic went viral and is prompting big questions. On...

10 Syys 15min

Trump Needs a Win. Enter His Venezuela Oil Deal

Trump Needs a Win. Enter His Venezuela Oil Deal

Oil prices topped $100 per barrel on Wednesday, keeping gas prices and the Iran war at the center of the US midterms conversation. Can President Trump burnish his affordability credentials with what h...

9 Syys 17min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
vallattomat
aikalisa
politiikan-puskaradio
rss-viihde-media
ootsa-kuullut-tasta-2
rss-ootsa-kuullut-tasta
rss-vaalirankkurit-podcast
rss-voi-venaja
tervo-halme
rss-raha-talous-ja-politiikka
otetaan-yhdet
rss-asiastudio
rikosmyytit
rss-kaikki-uusiksi
et-sa-noin-voi-sanoo-esittaa
rss-ulkopoditiikkaa
rss-pinnalla
rss-seksicast
rss-50100-podcast