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China Manufacturing Slumps Despite Trade Truce | The China Show 12/1/2025

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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

Chapters:
00:00:01 – Bloomberg: The China Show opens
00:05:18 – Meituan reports first loss since 2022
00:08:33 – UBS Global Wealth Management’s Eva Lee on market outlook
00:17:31 – Alert: BOJ’s Ueda sends clear hint at chance of December rate hike
00:18:56 – Hong Kong acts to quell anger over fire disaster
00:28:12 – Vanke pledges entire stake in management unit to state backer
00:31:20 – UBS Global Wealth Management’s Eva Lee on market outlook
00:39:28 – Breaking: RatingDog China Nov. Manufacturing PMI 49.9; est. 50.5
00:40:14 – Huatai Securities’ Eva Yi on China economic outlook
00:49:41 – BOJ’s Ueda sends clear hint at chance of December rate hike
00:55:25 – China’s earnings miss casts doubt on Xi’s bid to end deflation
00:57:39 – Barclays’ Jiong Shao on China’s tech outlook
01:12:08 – Hong Kong acts to quell anger over fire disaster
01:17:48 – Bloomberg Intelligence: Hong Kong P&C insurers equipped to pay claims
01:26:19 – Breaking: Hong Kong Tycoon Cheng Said To Seek Sale of Some Rosewood Hotels
01:30:30 – Airlines scramble to meet Airbus call for urgent A320 fleet fix
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2026 Midterm Election: Cook Report Shifts 19 House Races Toward Democrats

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Erin Covey, House of Representatives editor at the Cook Political Report, said that the acceleration of voters towards Democrat candidates is less to do with a shifting landscape and more that people are beginning to pay attention as election day draws nearer and said that while she expects a blue wave, it won’t hit all areas evenly. Covey also discussed the role of redistricting in the midterms and said that Democrats are poised to pick up House seats in North Carolina despite the fact that Republicans redrew the map in their favor.
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Microsoft Rises on Buyouts as It Retools Workforce for AI | Closing Bell

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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kristine Aquino, Carol Massar and Tim Stenovec.
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Burger King US President on Sales Turnaround

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Burger King US and Canada President Tom Curtis discussed the chain’s comparable-sales growth, cited in the conversation as 8.4%, against an estimate of 6.2%. Curtis said growth is being driven largely by customers who had stopped visiting and are now returning, drawn by a renewed connection to the brand. He speaks with Romaine Bostick on “The Close.”
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Higher Rates Turbocharge Lending Income for Biggest US Banks

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Three of the biggest US banks set a fresh record in the third quarter for how much they earned from lending, with customers continuing to borrow even as interest rates increased. Norah Mulinda has more.
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Israel Election 2026: Netanyahu, Eisenkot Locked in Tight Race

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Israel is holding its first election since the 2023 Hamas attack in a vote many consider to be the country’s most consequential in decades. Polls have consistently forecast a razor-thin outcome as Prime Minister Benjamin Netanyahu seeks reelection and his opponents, led by former armed forces chief Gadi Eisenkot, call him Israel’s greatest threat. Bloomberg’s Dan Williams reports from Jerusalem.
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