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)

An Important Step Forward For #MeToo

An Important Step Forward For #MeToo

This year saw some important advances for #MeToo. The US Congress passed two bills, now signed into law, that protect the rights of women who come forward to report sexual abuse in the workplace–and m...

15 Joulu 202226min

Meet The Most Fascinating People In The World

Meet The Most Fascinating People In The World

Well, some of them anyway. Each year, Businessweek’s Bloomberg 50 list introduces you to people in business, entertainment, finance, politics, science and technology whose work helped define the year....

14 Joulu 202224min

Fentanyl Deaths Are Overwhelming Cities

Fentanyl Deaths Are Overwhelming Cities

While everyone was focused on Covid over the past few years, America’s decades-old opioid crisis entered a new deadly phase – largely because of one drug in particular: fentanyl. Potent, cheap and ubi...

13 Joulu 202229min

Teen TikTok is More Complicated Than You Think

Teen TikTok is More Complicated Than You Think

Bloomberg Investigative reporter Olivia Carville has spent months delving into TikTok, the hugely popular video social network. In November, she joined the podcast to talk about children who have died...

12 Joulu 202233min

Revolt of The Dairy Farmers

Revolt of The Dairy Farmers

Our insatiable appetite for meat, eggs and cheese means there are billions of chickens, pigs and cows the world over. One consequence: animal agriculture is a leading contributor to greenhouse gas emi...

9 Joulu 202230min

Ticketmaster v. Swifties

Ticketmaster v. Swifties

A group of Taylor Swift fans is suing Ticketmaster, the big live event ticket provider, after sales for her upcoming concert tour went haywire. It’s also drawn the attention of the US Justice Departme...

8 Joulu 202226min

The Richest Family In the World

The Richest Family In the World

The secretive Al Nahyan family of Abu Dhabi has amassed a fortune of $300 billion–and they’re investing it around the globe, in everything from green energy and healthcare to Manchester City Football ...

7 Joulu 202228min

Heavy Sedation Saved People From Covid–At a High Price

Heavy Sedation Saved People From Covid–At a High Price

In the early, scary days of the coronavirus pandemic, before vaccines, patients hospitalized with severe cases were often put on ventilators to keep them alive. That invasive treatment saved a lot of ...

6 Joulu 202225min

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