Big Take Asia

Luckin Coffee, once bankrupt, now beats Starbucks in China with automated stores and local tastes. Can it sustain success amidst competition? Discussing Luckin's remarkable turnaround and innovative approach in the Chinese coffee market.

Bloomberg's Cathy Chan discusses how China's top investment bank, CICC, is shifting towards socialist ideals and prioritizing loyalty to the Communist Party over Western influence. The podcast explores the impact of President Xi's common prosperity initiative on the investment banking industry, including decreased deal activity and reductions in bonuses. It also dives into the cultural changes at CICC under a state-owned background chairman, affecting talent retention and the decline of the bank. Additionally, the podcast highlights China's concerns about foreign companies being associated with the Communist Party and the benefits of aligning with China's norms for business dealings.

Bloomberg's China editor, Alan Wong, discusses how Beijing's influence is reshaping Hong Kong, causing residents to flee and questioning the city's future. Topics include the impact of the National Security Law, exodus of citizens, success in wealth management, AI empowerment, extradition law consequences, and navigating political challenges.

Bloomberg Businessweek editor Matt Campbell discusses Indonesia's booming nickel industry for electric car batteries, revealing fatal accidents and workers' plight. Major EV makers must navigate ethical challenges sourcing nickel from the country, highlighting the dark side of clean energy revolution.

Bloomberg investing reporter David Ramli discusses the rise of imposters targeting Asia's ultra-rich in the family office industry. The challenges of spotting scammers in this secretive sector and amateur detectives like Eric SayWei Neo helping weed out imposters are highlighted in the podcast.

Bloomberg reporter and Carnegie Endowment director discuss India's recent election where Modi's BJP lost majority. They delve into the implications of forming alliances, Modi's leadership, and the global impact of the election results.

All of Japan's 54 nuclear reactors were shut down after the 2011 earthquake and tsunami. As the country's energy needs soar, debate is heating up over whether to bring the world’s largest nuclear plant back online. On today’s episode of The Big Take Asia, host K. Oanh Ha speaks to Bloomberg reporter Shoko Oda about her visit to the Kashiwazaki Kariwa plant and the challenges to rebooting it.See omnystudio.com/listener for privacy information.

Exploring China's economic slowdown and its impact on citizens, entrepreneurs, and the Communist Party. Discussion on real estate collapse, trade war with US, and crackdown on entrepreneurs. How Beijing is responding to the economic shift with common prosperity agenda and surveillance technology. Analysis on new economic policies, growth drivers, and the relationship between economic growth and political freedom in China.

Discover how Narendra Modi turned his political crisis into an opportunity, leading him to become one of India's most powerful leaders. The podcast explores Modi's journey from Gujarat to Prime Minister, his strategies in unifying the Hindu vote, and his focus on promoting Hinduism. Learn about India's economic growth, governance successes, and challenges under Modi's leadership.

Narendra Modi, the world's most popular politician, discusses his rise to power in India and the controversies surrounding him. Topics include Modi's humble beginnings, his alignment with Hindu-first ideology, the Ayodhya temple construction issue, the fallout from the 2002 religious violence, and how he became a dominant force in Indian politics.