Bloomberg New Economy is an organization internal to Bloomberg where we look at everything that is changing and transforming the economy. Think of it, I think, at best as a Venn diagram with industrial and technological transformation one of the spheres; emerging markets another. And of course, there is really no bigger player in the new economy than China. We want to go to next because there's a story that when we saw the headline, we were saying we got to get Eric Shatsker in to talk about this.
Bloomberg Businessweek Editor Joel Weber and Bloomberg News US Economy Reporter Reade Pickert discuss US child-care providers facing a tough choice of either rolling back pay increases for workers or raising prices for families as a crucial source of emergency funding is running out. Bloomberg New Economy Editorial Director Erik Schatzker talks about China's President Xi staying silent as the Covid Zero strategy he championed is crumbling. And we Drive to the Close with Charles Lemonides, Founder and CIO at ValueWorks.
Hosts: Katie Greifeld and Scarlet Fu. Producer: Paul Brennan.
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