China’s Back Open, Great! And…Maybe Not So Great. | The Big Take
January 31, 2023
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28:21India’s Plan To Become The World’s New Economic Powerhouse | The Big Take
26:48Now PlayingChina’s Back Open, Great! And…Maybe Not So Great. | The Big Take
YouTube Description
as posted by the channelNow that China has relaxed its Covid Zero policy, the world’s second largest economy is rumbling back to life. As China once again starts to buy and consume goods and services of all kinds, it’s expected to give the global economy a boost right when it needs it most.
But there’s a potential downside. China’s enormous appetite for oil, soybeans, wheat and everything else could also mean a boost to inflation, at the same time central banks are already struggling to contain rising prices.
Bloomberg chief economist Tom Orlik () and senior Asia economics correspondent Enda Curran () join this episode to talk about what a reinvigorated China means for the global economyand anyone just trying to make ends meet.
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Each weekday, The Big Take brings you one story—one big, important story. Host Wes Kosova talks to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what’s happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology—we cover it all on The Big Take.
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