Chinese President Xi Jinping is shifting away from once high-flying sectors as he looks to reshape the world’s second-largest economy. Industries such as banking, tech and real estate are now out of favor. That change has upended the lives of millions of ambitious Chinese professionals. David Scanlan discusses the story with Shery Ahn and Haidi Stroud-Watts on ‘Bloomberg: The Asia Trade.’
‘The Big Take’ features exclusive reporting and analysis by Bloomberg on the consequences of the crackdown on China’s top workers. Read the full story on Bloomberg.com or on the Bloomberg Terminal.
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News post in September 19, 2024, 12:04 pm.
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