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Why China’s Investment Bankers Are Breaking Up With Capitalism

Why China’s Investment Bankers Are Breaking Up With Capitalism

FromBig Take


Why China’s Investment Bankers Are Breaking Up With Capitalism

FromBig Take

ratings:
Length:
15 minutes
Released:
Jul 2, 2024
Format:
Podcast episode

Description

One after another, bankers at China International Capital Corporation — China’s premier investment bank – are pledging loyalty to the Communist Party, underscoring a new reality for Wall Street-style capitalists in the era of Xi Jinping.Today on The Big Take Asia, host David Gura speaks with Bloomberg’s Cathy Chan about the tug-of-war between communism and capitalism at the “Morgan Stanley of China,” and how politics are redefining Chinese finance.See omnystudio.com/listener for privacy information.
Released:
Jul 2, 2024
Format:
Podcast episode

Titles in the series (100)

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.