logo
episode-header-image
Yesterday
18m 46s

China Tightens Its Grip on Billions in O...

Bloomberg and iHeartPodcasts
About this episode

Offshore trading has long given Chinese investors access to global markets — often through legal gray areas. Now, Beijing is stepping in with its biggest crackdown in decades.

On today’s Big Take Asia Podcast, host K. Oanh Ha speaks with Bloomberg’s Lulu Chen about the sweeping restrictions and why Beijing is tightening controls over money leaving the country. We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Read more: China Targets Offshore Billions in Biggest Crackdown in Decades

Hosted by K. Oanh Ha; Produced by Naomi Ng, Yang Yang; Reported by Lulu Chen; Edited by Paddy Hirsch.

Fact-checking by Rachael Lewis-Krisky, Laura Newcombe; Engineering by Taka Yasuzawa.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

See omnystudio.com/listener for privacy information.

Up next
Jun 8
The Races That Will Shape the Midterms
The field for 2026 US midterm elections is coming into focus, with key primaries this week in Maine and South Carolina, as well as bellwether state elections in California. On today’s Big Take podcast, hosts Sarah Holder and David Gura check in with political correspondent Nancy ... Show More
19m 6s
Jun 7
Weekend Listen: FIFA’s Jill Ellis on the the World Cup
Jill Ellis has seen soccer from every angle: as an elite player, as the two-time World Cup champion coach of the U.S. Women’s National Team and as an NWSL team president. She is bringing this expertise to FIFA as the organization’s first Chief Football Officer. As one of the chie ... Show More
23m 23s
Jun 5
Can AI Save This Failing Rural Economy?
By many metrics, Meta is falling behind in the AI race. So CEO Mark Zuckerberg is building one of the largest data centers in the world — a facility the size of about 3,000 football fields in one of the poorest regions in the US. On today’s Big Take podcast, host Sarah Holder sit ... Show More
29m 8s
Recommended Episodes
Aug 2023
🛒🐠 “Whole Foods lost my seabass” — Amazon’s Achilles Heel. The Recession’s been canceled. Starbucks’ Chinese mission.
Amazon just announced stellar earnings, sending the stock to a 1-year high — But Amazon’s Achilles Heel is your grocery order. Bank of America will stop saying “Recession” because the economy is far from it — But certain parts of the economy can still feel recession-ish. And Star ... Show More
20m 17s
Jul 2025
How Starbucks’ CEO is revamping the brand
<p>Starbucks CEO Brian Niccol made waves this week by announcing a new Return-to-Office mandate for corporate workers. It’s the latest in a string of changes the coffee company is making to restore its position in the US and global marketplace. Hear Niccol explain his revamped br ... Show More
30m 7s
Oct 2024
Starbucks' Mistake Is Your Opportunity
<p>On today’s show we are talking about a service business that used to be on top of its segment in the market. </p> <p>The company we’re talking about is Starbucks.</p> <p>So it’s no surprise to me that today Starbucks CEO Brian Niccol announced a major drop in both earnings and ... Show More
4m 58s
May 2025
Corner Office Conversation with Philippe Schaillee, Global CEO, Costa Coffee
India once seen as a tea stronghold is emerging as a dynamic market for premium coffee. One brand leveraging this pivot is Costa Coffee. The British coffee house has a strange business arrangement in India. Owned by Coke, its outlets are operated by Pepsi’s biggest Indian bottler ... Show More
23m 41s
Apr 2024
🫘 "Decaf is king" — Coffee's decaf surge. Amazon's river strategy. Fanatics' Comic-Con of Sports.
✅ Vote for TBOY to win the “Best Business Podcast” Webby Award: https://vote.webbyawards.com/PublicVoting#/2024/podcasts/shows/businessMore Americans than ever are ordering their coffee decaf — Decaffeinated coffee is booming because consumers want drugs without the drugs.Amazon ... Show More
21m 9s
Oct 2023
What China’s Slowdown Means for the World
The world’s second-largest economy is slowing down. But are concerns overblown? What’s at risk for the global economy? How should policymakers react? The Wall Street Journal’s chief China correspondent, Lingling Wei; economist Adam Posen; and FP’s James Palmer join Ravi Agrawal t ... Show More
47m 7s
Jul 2025
Starbucks' China Challenge and Decoding Meta's AI Push
Starbucks is looking to sell a stake in its China business, Hershey has a new CEO and Meta hits the gas on AI. Jason Moser and Lou Whiteman discuss: - Starbucks' move to sell part of its China business. - Hershey hires a new CEO. - Meta moves for more talent and invests in eyewea ... Show More
20m 38s
May 2025
Starbucks' Bitter Brew | Back in Black | 2
<p>It’s 2023 and Howard Schultz’s hand-picked successor as CEO is facing trouble. While employees are voting to unionize, competitors are targeting Starbucks’ perceived weaknesses. Dunkin’ and others are beating Starbucks on price, while McDonald’s hopes to beat Starbucks on spee ... Show More
43m 16s