Chinese Adoptions Stopped, Investment Bankers Jailed, and Nationalist Sports Fans Embarrassed
The Chinese Communist Party announced that it will no longer allow international adoptions of Chinese children. Hudson expert Miles Yu analyzes whether the cause is demographics, politics, or something else. Then we move to the recent detention of Chinese investment bankers to evaluate why the CCP is going after them now, and how the move could spook the larger economy. Finally, Miles describes why nationalist Chinese sports fans are furious after the Chinese men's soccer team lost to Japan 7-0, and demonstrates why centralized and grandiose political ambitions can't force you to be good at soccer.
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Show Notes
The Chinese Communist Party announced that it will no longer allow international adoptions of Chinese children. Hudson expert Miles Yu analyzes whether the cause is demographics, politics, or something else. Then we move to the recent detention of Chinese investment bankers to evaluate why the CCP is going after them now, and how the move could spook the larger economy. Finally, Miles describes why nationalist Chinese sports fans are furious after the Chinese men's soccer team lost to Japan 7-0, and demonstrates why centralized and grandiose political ambitions can't force you to be good at soccer.