China’s Regulatory Crackdown Explained
- Boom Bust
China’s streak of cracking down on major firms has been heating up. What is China’s reasoning behind the measures? Professor Richard Wolff explains what’s driving Beijing’s policy and the reasoning behind these crackdowns. Plus, the US Federal Reserve has decided to keep rates steady as the economy surges. We analyze the central bank’s decision and what it will mean as the COVID-19 pandemic continues to slam the globe.
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