Protests After China Asset Manager Misses Payments

Protests have been sparked in China. Investors are now demanding their money back as another Chinese asset manager misses debt payments. So what’s the situation with China’s real estate crisis?

American financial giant JPMorgan Chase said China’s economy is staring down the barrel of a “vicious cycle.”

Meanwhile, the head of the Chinese Communist Party is calling for “patience.”

The Inflation Reduction Act has marked its one-year anniversary. Biden touted the achievements, but who is really reaping the benefits?

Topics in this episode:

1. Protests After China Asset Manager Misses Payments
2. JPMorgan on China: $400 Billion Debt Facing Default Risks
3. Beijing Calls for ‘Patience’ Amid Economic Downturn
4. How Deep Are China’s Economic Troubles?
5. Asian Stocks Hit Nine-Month Lows Amid Worries Over China’s Economy, US Rates
6. Foreign Companies to Win Big Under Climate Law: Report
7. NYC Bans TikTok on Government-Owned Devices Over Security
8. Taiwanese Vice President Speaks in San Francisco
9. China Expanding South China Sea Air Base? Report
10. How Lobbying Helps China Compete Against US: Rex Lee