Xi Jinping - Is He a FDR?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The risk is that Xi Jinping's grip on political power is so strong and unchallenged. There had been a very healthy correction every 10 years in China, and that's going to be thrown out the window. The repost to that from people who admire Xi Jinping: "I need a strong leader"

China’s leader Xi Jinping is set to begin his third-consecutive five-year term, and the UK’s Jeremy Hunt starts his first full week as the country’s latest chancellor of the Exchequer. Plus, the US Federal Reserve’s aggressive interest rate hikes are boosting US banks’ bottom lines.

Mentioned in this podcast:

US banks gain from Fed rate hikes while keeping deposit interest low

Xi Jinping heralds ‘critical time’ in history as he prepares for third term in power

Can anything save Liz Truss?

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.