China Bets Big on a $167 Billion Tibetan Dam

Beyond software and chips, the AI boom relies on good old-fashioned manufacturing of essential components – a skill that has made a new class of people very, very rich. On today’s Big Take Asia podcast, host Oanh Ha talks with Bloomberg reporter Cindy Wang and Opinion columnist C ...  Show more

China is ramping up an ongoing effort to shore up local government budgets and fund AI data centers with tax revenue from its richest citizens. Billionaires across the country are seeing bills hit their doorstep, and one major deadline to pay up is just weeks away. On today’s Big ...  Show more

Episode 631: Neal and Toby chat about what’s behind the US economy’s bounce back after withstanding Trump tariff fears. Then, China begins construction of a $170B massive hydropower dam that will be the world’s largest. Also, Figma excites Wall Street by becoming the first softwa ...  Show more

China has become a superpower because of its ability to build bridges, cars and electronics at an astonishing pace. But breakneck growth comes with problems. The country is grappling with overproduction and deflation, and policymakers in Beijing are attempting to jumpstart consum ...  Show more

The wildly indebted property firm has defaulted at last. That poses big risks as China’s leadership works to <a href="https://www.economist.com/leaders/2021/12/11/china-courts-global-capital-on-its-own-terms?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintellige ...

Chinese President Xi Jinping's new slogan, "develop new productive forces," aims to bolster the expansion of high-tech sectors to drive economic growth. China already dominates the world of electric cars and controls more than 80 percent of the global solar panel manufacturing ma ...  Show more