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Beijing fears social unrest from property crisis

Beijing fears social unrest from property crisis

FromFT News Briefing


Beijing fears social unrest from property crisis

FromFT News Briefing

ratings:
Length:
9 minutes
Released:
Aug 1, 2022
Format:
Podcast episode

Description

The Bank of England is set to consider its biggest rate rise in more than 25 years, the EU and UK are easing up on Russian oil restrictions to keep gas prices from spiking, and some investors are getting back in the crypto market after a crash earlier this year. Plus, China is trying to come up with a $148bn bailout fund to help complete stalled property developments amid concerns about social unrest.Subscribe to the FT News Briefing on Apple Podcasts or SpotifyMentioned in this podcast:Bank of England considers biggest rate rise for more than 25 yearsWest eases oil restrictions as inflation and energy fears growCrypto prices rise as traders dip back into digital asset marketChina’s central bank seeks to mobilise $148bn bailout for real estate projectsThe 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. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. Read a transcript of this episode on FT.com See acast.com/privacy for privacy and opt-out information.
Released:
Aug 1, 2022
Format:
Podcast episode

Titles in the series (100)

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. See acast.com/privacy for privacy and opt-out information.