China’s Economic Crackdowns Are Crushing the Dreams of a Generation

This podcast episode investigates the profound consequences of China's "high-quality growth" policy, as introduced by Xi Jinping, that has led to significant job losses and financial distress among workers, particularly in finance and tech. The host explores the human cost of these economic shifts, highlighting issues such as age discrimination, rising retirement ages, and the emotional impact on displaced workers, particularly those in their 30s and 40s. Additionally, it delves into the generational clash occurring within the workforce, where those who thrived under past reforms face an uncertain future in a more restrictive economic environment. Through personal stories and broader societal analysis, the episode emphasizes both the resilience of individuals like Thomas Wu and the potential long-term implications of current policies on China's economic landscape.