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Home
>
World Business Report
> Xi Jinping paves way to third term
Podcast:
World Business Report
Episode:
Xi Jinping paves way to third term
Category:
Business
Duration:
00:26:43
Publish Date:
2022-08-30 22:24:00
Description:
The leader of the Communist Party is expected to renew his rule for another five years, amid a slowing economy and fears of a global recession. As the Chinese feel the pinch from the current energy crisis and soaring prices, could there be any opposition to Xi’s plans? We ask Mary Lovely, a senior fellow at the Peterson Institute for International Economics, in the United States. California’s Senate has passed what is known as the Fast Food Bill, which gives workers at restaurants like Starbucks and McDonald’s the right to negotiate with government and their employers. We hear more from Mary Kay Henry, international president of Service Employees International Union. Sri Lanka’s new president, Ranil Wickremesinghe, has announced further tax cuts and reforms to try to secure a support deal of between $2bn and $3bn from the International Monetary Fund. We talk to professor and former Chief Economist at the World Bank Shanta Devarajan, in Washington DC. Some people choose going on holidays to the beach or the mountains. But lately, more people are opting for "dark tourism" spots: places associated with tragedy, death or disaster. The BBC’s Rory Claydon reports. This week at the US Open there was a star studded crowd at Flushing Meadows to see Serena Williams, who has said she is "evolving" away from tennis. The athlete and businesswoman won't be short of prospects once she leaves the game, but what could the future hold? We ask Nancy Spencer, a Professor at the Sport Management Program in Bowling Green State University, in Ohio.
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