meta_pixel
Tapesearch Logo
Log in
Viewsroom

Viewsroom: China’s push for common prosperity

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 26 August 2021

⏱️ 14 minutes

🧾️ Download transcript

Summary

Markets have been hit by a series of crackdowns in private tutoring, data security and more. Underlying this is Beijing’s effort to limit rich excesses and boost middle-class wealth, which could curb the performance of the country’s biggest and best-known private companies.  See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

AI is incredible. They can teach you how to fry an egg and even write a poem, pirate style.

0:07.0

But it knows nothing about your work. Slackbot is different. It doesn't just know the facts.

0:14.0

It knows your schedule. It can turn a brainstorm into a brief and it doesn't need to be taught.

0:20.0

Because Slackbot isn't just another

0:22.4

AI. It's AI that knows your work as well as you do. Visit Slack.com forward slash meet Slackbot

0:28.8

to learn more. The views expressed on this podcast are those of the participants, not of Rogers News.

0:38.6

Hello and welcome to the views room.

0:41.4

Chinese President Xi Jinping has been on a rampage lately, and has got investors really nervous.

0:46.4

Has China become uninvestable?

0:48.3

I talk with Chen Yaw Wen and Jennifer Hughes in Hong Kong to find out.

0:53.9

Hi everyone, I'm Pete Sweeney. I'm here in Hong Kong chatting with Chen Yawan and Jennifer

0:58.3

Hughes, and we're here talking about the massive uproar that is underway in Chinese financial

1:02.9

markets and Chinese listed firms offshore as well. At the root of the matter is a crackdown,

1:08.6

intensifying crackdown by President Xi Jinping's government

1:11.6

on a suave of different sectors ranging from after school tutoring to real estate, to financial

1:18.0

technology and so on.

1:20.5

Investors are worried about the direction of travel and they have bailed out of stock markets.

1:24.7

Chinese equity markets are the worst performing in the world at this point.

1:28.3

Some analysts say that over a trillion dollars has been wiped off the value of listed Chinese

1:32.1

companies in China and abroad.

1:34.6

That number may be getting higher even as we speak.

1:37.3

Yawin, give us some context here.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Reuters, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Reuters and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.