*SOME NEWS* For now, I want to say thank you to the Marketplace listeners who have left comments, messaged me for advice when you come to China, and told me your connection to China. You guys are the most dedicated audience I’ve ever served, it’s been a great privilege.
Chinese authorities have cancelled our concert with Japanese musicians in Beijing tonight. This happened as we were doing soundchecks at the Livehouse venue.
It is a powerful demonstration of the unpredictability of doing business in China.
China has high youth unemployment. Same time, there are tens of millions of skilled jobs going unfilled. We visited one robotics training center trying to bridge that gap. W/ tks to @evolrof@TweetsNotTwits Gary, voiceover artists and the digital team ����👉https://t.co/w2I3UQ2WAh
Chinese government media have tried to push back on the backlash, explaining why China needs global talent. That generated more public fury. Read our web story 👉 https://t.co/UGXgDhmpBs
With thanks to @evolrof@amandapeacher Gary, voiceover artists and the digital team.
More details on how hard it is for Chinese families intent on studying in the U.S. to suddenly pivot to another country in the web piece 👉 https://t.co/aKsmRQWRni
With thanks to @evolrof Caitlin, Gary, Drew, voiceover artists and the digital team.
Those hoping for a shift in China's economic policy are likely facing disappointment once again.
The official communique from the Fourth Plenum sends a clear message: don't expect any economic policy adjustments. China remains firmly on its established path.
The anti-involution campaign represents a political decision, not merely an economic one. While it serves to consolidate central fiscal power and authority - bringing tangible economic benefits to Beijing - this appears to be the only genuine economic policy currently being implemented.
The status quo prevails. Reform expectations should be tempered accordingly.
#ChinaEconomy #FourthPlenum #ChinaPolicy
认为中国可能发生经济政策调整的人们很可能又一次失望了 今天发布的四中全全召开的官方通稿,已经非常清晰的告诉市场:不要期待中国出现经济政策的调整,一切都还是在老路上继续前行。 反内卷在中国是一个政治决策,不是简单的经济决策,当然,经济上对巩固中央的财政和权力,也是有积极意义的,这是中国近期一个真正在执行的经济政策。
I couldn't get that video out of my head for weeks. Was she brave? Or losing touch with reality? Luckily she agreed to do an interview with us. Read the extended web story: https://t.co/8w44Q78Dka W/tks to @evolrof@TweetsNotTwits , Gary, voiceover artists and the digital team.
BYD's production slid for a second straight month in August, marking its first consecutive monthly contraction since 2020 in a further sign that the Chinese EV giant is putting the brakes on its massive years-long expansion.
- https://t.co/EJ0CtgkdHY
About 4 years ago, global investors worried about a 'Lehman moment' when China's Evergrande defaulted on its debt, with liabilities worth over $300 billion. No such collapse happened. Here's a deeper dive on why. Listen to the audio story here: https://t.co/FiihAD1aoQ