logo
episode-header-image
Jul 2022
9m 32s

China’s middle class dreams of leaving

Financial Times
About this episode

The US Supreme Court cut back the Environmental Protection Agency’s ability to regulate greenhouse gas emissions, US stocks lost $9 trillion in the first half of 2022, and frustration with China’s zero-Covid policy is pushing its middle class to try to leave the country. 


Subscribe to the FT News Briefing on Apple Podcasts or Spotify


Mentioned in this podcast:

US Supreme Court curbs EPA’s power to regulate greenhouse gas emissions

US stocks on course for worst first-half slump in more than 50 years

Covid in China: Xi’s fraying relationship with the middle class


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
JPMorgan walks into another football firestorm
Amazon reported accelerated cloud growth in the quarter to the end of June, and JPMorgan has walked into another football firestorm as it works on a plan with Fifa. Plus, Citadel bought Situational Awareness equity holdings after the hedge fund suffered steep AI losses, and DR Co ... Show More
13m 12s
Yesterday
Fed holds rates as inflation fears grow
Meta and Microsoft reported quarterly earnings as investors raised concerns about AI spending, and the US Federal Reserve held interest rates steady. The Bank of Japan is also expected to leave rates unchanged at its meeting on Friday, and UK oil and gas companies are looking awa ... Show More
12m 40s
Jul 29
The Big Tech earnings dilemma
Ukraine is shifting its long-range drone campaign to focus on critical Russian infrastructure, and Big Tech companies are facing an AI dilemma as they report quarterly earnings. Plus, Google DeepMind is leaving behind its Nobel-winning AlphaFold project for new ventures, and PwC ... Show More
12m 22s
Recommended Episodes
Sep 2024
China Optimism Fuels Stocks, Iranian President's Warning & Starmer Embraces Unpopularity
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China’s central bank lowered the interest rate charged on its one-year policy loans by the most on record, kicking off a sweeping program to revive confidence in the world’s second-large ... Show More
15m 42s
Dec 2023
Wall Street CEOs Anger, Sunak Loses Minister & Egypt's Growing Leverage
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The heads of Wall Street's biggest banks took their most direct swing yet at Washington's plans to force them to set aside more cash as a buffer against losses. (2)  Senate Republicans b ... Show More
17m 10s
Jul 2022
Power strip: SCOTUS’s environmental ruling
<p>America’s Supreme Court has essentially <a href="https://www.economist.com/united-states/2022/06/30/the-supreme-court-throttles-joe-bidens-climate-agenda?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownot ... Show More
27m 9s