Business
China Plans Sweeping Rescue Policies for Property Market
China has unveiled a sweeping rescue package to salvage its real estate market. The government issued its most extensive 16-point rescue package for the struggling property market, according to people familiar with the matter. Charlie Zhu reports on Bloomberg Television.
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Martha Gimbel, executive director and cofounder of the Budget Lab at Yale University, says artificial intelligence is unlikely to offset the economic challenges of an aging population, arguing the US is confronting two major transitions at the same time rather than one solving the other. She says AI could improve productivity in some areas, particularly by helping caregivers with physically demanding tasks, but questions whether consumers will embrace automation in roles where human interaction remains essential.
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“We believe Mexico is a really important milestone for our great brand as we continue to lean into our global strategy. It’s an important country for us, we recognize and admire the culinary heritage that is a part of the Mexican culture,” says Chipotle Mexican Grill CEO Scott Boatwright on the chain’s global expansion https://bloom.bg/4wKJnvc
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Delta Air Lines Chief Executive Officer Ed Bastian says higher fuel prices are not deterring travel. He says the carrier is actually seeing strong demand for premium, corporate and international travel. He also talks about how some customers are choosing a better seat on the plane over perks they could get in first class. He speaks to Bloomberg’s Lisa Abramowicz at Delta headquarters in Hapeville, Georgia on “Bloomberg Surveillance.”
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After SpaceX’s record-setting IPO, some investors like Danish pension fund AkademikerPension have already rejected the stock over what they call “catastrophic governance,” turning SpaceX into a test case for how much control public markets are willing to give founders https://bloom.bg/3EMZYZX
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Hungary’s parliamentary vote to amend the constitution crowns a frenetic period of legislative activity since Prime Minister Peter Magyar pledged to reincarnate democracy in the country. The result removed the president, set a limit of three parliamentary terms for legislators and sent allies of former PM Viktor Orban in top courts into retirement. Bloomberg’s Zoltan Simon reports.
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@mogeking56
January 28, 2024 at 6:09 pm
China 🇨🇳 CCP is giving out kool-Aid to help home buyers who have lost everything. They will be forced to pay for the Kool-Aid it’s not free.
@YT_C9
January 28, 2024 at 6:09 pm
Chinese government and lenders were not smart enough to give away free money at 2.5% fixed for the next 30 years like US. Wait a min – Somehow Chinese know it’s not smart to lend money at 2.5% rate for the next 30 years because the world is not ending in next 5 years. Also it creates a huge wealth gap in the society between the home owners and new TO BE home owners. At this point, I am lost and I don’t know who is smart anymore 😂. But I guess more shameful thing is creating wealth gap and controlling the fate of others.
@amirajuliana9411
January 28, 2024 at 6:09 pm
We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! I trade and hold profits, ROBERT RUSSEL DANIEL has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 9.5 BTC lately.
@baron226
January 28, 2024 at 6:09 pm
china real estate is like bdsm, but they always put emergency kit nearby
@alparslankorkmaz2964
January 28, 2024 at 6:09 pm
Nice cover
@sirjames3788
January 28, 2024 at 6:09 pm
Privatize profits, socialize loss = corrupt, fraudulent, manipulated system, aka ponzi scheme. Time is getting closer to shutting down the debt based system and moving back to a gold standard. This bailout like the others is ridiculous. Ppl should be in jail. This central bank system will not end well
@lambertois11
January 28, 2024 at 6:09 pm
Warning! Caution!
We must be very cautious before stating buying developer stocks. We must wait to see what will be implemented, and how it will be implemented.
Many developers have defaulted on their junk bonds (hundreds of billions $US).
I do not think that the CCP will fully reimburse the defaulted junk bonds.
We have recently seen several rumours. The CCP are mastermind of public opinion manipulation!
Timeout! Take the time to look at the big picture, and the amendments of the CCP constitution who were approved during the 20th party congress.
🤔🤔🤔🤔🤔🤨🤨🤨
@jkigtehuioropsdfjoaw
January 28, 2024 at 6:09 pm
They killed the real estate industry and now they are saving it wow 😳
@bobc9786
January 28, 2024 at 6:09 pm
Buy china stocks
@ClassPunk
January 28, 2024 at 6:09 pm
I need a journalist. I took out a second credit card to pay off the debt of my first credit card. I need someone to tell everyone it is a rescue package so I don't look like an idiot.
@mustafaali6223
January 28, 2024 at 6:09 pm
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