Summary
The Chinese government is pleading for young people to have more babies. On Business Weekly we ask whether this new “three-child” policy will help reverse the ageing population. You can’t send babies out to work, so does the nation face a demographic time bomb? Plus, the growing industry of forensic genealogy is cracking decades old murder cases. Our reporter asks how much privacy do we have to surrender - and is it worth it? And as the US marks 100 years since the Tulsa Race Massacre, we head to a more recent place of protest and trauma: Minneapolis. The president of the Federal Reserve of Minneapolis tells us he wants to do more to fight racism and inequality, but a black businesswoman from the city says she’s not seen many signs of equality. And is the boozy power lunch back? Business Weekly is produced by Matthew Davies and presented by Lucy Burton.
Transcript
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| 0:00.0 | Hello, this is Business Weekly with Lucy Burton. |
| 0:07.1 | Welcome to the programme. |
| 0:09.1 | Today we'll be hearing from the US as the country reflects on the 100th anniversary of the Tulsa Race Massacre. |
| 0:15.4 | In 1921, a white mob rioted through an affluent African-American neighborhood, killing 300 people. |
| 0:23.1 | Later in the show, we'll head to Minneapolis. |
| 0:25.7 | The city, of course, has been the focal point for protests and riots after the killing of George Floyd. |
| 0:31.2 | We'll hear what the president of the Minneapolis Federal Reserve plans to do to help eliminate racism, |
| 0:36.9 | and we'll get reaction to that |
| 0:38.2 | from a Minneapolis-based businesswoman. We'll also speak to the chief executive of what three |
| 0:44.0 | words. The app is used to alert emergency services to your whereabouts, but mountain rescuers |
| 0:49.8 | say it isn't accurate enough. So what does the boss have to say about their concerns? |
| 0:54.4 | First, though, in 1979, China introduced its highly controversial one-child policy |
| 1:00.4 | to help combat a rapidly expanding population. Here's the then-population minister, Dr. Li Hong Chu. |
| 1:10.0 | It is vital for China to control its population growth. |
| 1:14.7 | This is not just an ordinary policy. |
| 1:17.5 | It is one of the most basic policies of the state. |
| 1:21.2 | Fast forward 40 years and China now faces the opposite problem, |
| 1:25.2 | an aging workforce and a steep decline in birth rates. |
| 1:28.9 | There are worries that the country will get old before it gets wealthy. |
| 1:32.7 | Five years ago, Beijing scrapped the one-child rule and said couples could have two babies. |
| 1:37.7 | This week they went further and announced that three is the magic number. |
| 1:41.7 | So how's this gone down with Chinese women? |
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