Hannah Miao

Hannah Miao, a Wall Street Journal reporter specializing in the coffee industry, dives into the rivalry between Luckin Coffee and Starbucks. She unpacks how Luckin, recovering from a significant accounting scandal, is now thriving in China with its tech-driven approach. Miao discusses Luckin's expansion into the U.S. market, contrasting its rapid growth with Starbucks' struggles to adapt to mobile ordering chaos. The conversation highlights the innovative strategies each brand uses to win over customers in a fiercely competitive landscape.

In this discussion, Hannah Miao, a WSJ reporter focusing on the tariffs' impact on China, shares insights on the U.S.-China trade war. She reveals how 20% tariffs are reshaping the Chinese manufacturing landscape, forcing companies to rethink production strategies. Miao highlights a shift from China to countries like Vietnam and discusses the broader economic implications, including weak consumer demand and overcapacity in manufacturing. The conversation underscores the complexities that businesses face under these new trade conditions.

Hannah Miao, an Economics reporter for The Wall Street Journal, provides insights into China's economic slowdown, revealing troubling trends in retail sales and the property market. She emphasizes the challenges faced by policymakers who are hesitant to enact demand-boosting measures. The podcast also covers Australia's response to a tragic Hanukkah shooting, with Prime Minister Albanese pledging stricter gun laws and discusses the implications of Chile's right-wing presidential election for regional politics.