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.

Jaksot(819)

The Most Worrying — and Reassuring — Signals in the US Economy

The Most Worrying — and Reassuring — Signals in the US Economy

In recent weeks, a number of economic warning signs have put investors on edge, from growing skepticism over the possibility of an AI bubble to bankruptcies that have rocked the private credit market....

13 Marras 202517min

Trump Promised Revenge. He’s Using the DOJ to Make It Happen

Trump Promised Revenge. He’s Using the DOJ to Make It Happen

When President Trump took office in January, he made it clear that retribution against his perceived political enemies was a key part of his second-term agenda.He’s used a variety of tools at his disp...

12 Marras 202518min

Wall Street Speeds Up India Expansion

Wall Street Speeds Up India Expansion

Wall Street banks are on a hiring spree across India, recruiting workers for everything from software engineering to risk management as part of a decades-long shift away from support roles toward high...

11 Marras 202518min

Why a K-Shaped US Economy Is Raising Red Flags

Why a K-Shaped US Economy Is Raising Red Flags

The US economy appears remarkably resilient right now, but if you look closer, you’ll see a different picture emerge: a growing divide between America’s wealthiest consumers and everyone else. Economi...

10 Marras 202514min

 What’s Trump’s Venezuela Endgame?

What’s Trump’s Venezuela Endgame?

The United States has struck more than a dozen boats off the coast of Venezuela over the last two months, killing more than 60 people.The Trump administration says it’s targeting narco-traffickers. Bu...

7 Marras 202514min

How the Longest Government Shutdown Is Impacting the Economy

How the Longest Government Shutdown Is Impacting the Economy

The ongoing US government shutdown has broken historic records — and its economic consequences could prove even longer-lasting. Today on the Big Take, host Sarah Holder is joined by Bloomberg’s Gregor...

6 Marras 202517min

Mamdani Won on Affordability. Can He Win Over NYC’s 1 Percent?

Mamdani Won on Affordability. Can He Win Over NYC’s 1 Percent?

Zohran Mamdani clinched New York City’s mayoral race by campaigning against wealth inequality and promoting affordability. Now, he faces the challenge of delivering on the promises that got him electe...

5 Marras 202519min

How APEC Become a Battleground for US-China Influence

How APEC Become a Battleground for US-China Influence

Asian nations are walking a tightrope between Washington and Beijing – juggling trade, tech and security pressures as the heavyweights vie for influence. On today’s Big Take Asia Podcast, host K. Oanh...

4 Marras 202519min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
viisupodi
rss-podme-livebox
rss-vaalirankkurit-podcast
otetaan-yhdet
et-sa-noin-voi-sanoo-esittaa
rss-asiastudio
the-ulkopolitist
linda-maria
rss-kaikki-uusiksi
rss-merja-mahkan-rahat
io-techin-tekniikkapodcast
rikosmyytit
rss-mina-ukkola
rss-pykalien-takaa
rss-kuka-mina-olen