Big Take Asia
We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.
Episodes
China Tightens Its Grip on Billions in Offshore Wealth
Offshore trading has long given Chinese investors access to global markets — often through legal gray areas. Now, Beijing is stepping in with its biggest crackdown in decades. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks with Bloomberg’s Lulu Chen about the sweeping restrictions and why Beijing is tightening controls over money leaving the country. We have a special B
Huge AI Bonuses Spark South Korea Tech Wealth Fight
Samsung recently made headlines when it narrowly averted a strike by offering eye-popping bonuses to its chip workers. But the move has seemingly backfired—sparking deep resentment in other corners of the company and fueling a wider debate over wage equity in South Korea. On today’s Big Take Asia podcast, host K. Oanh Ha and Bloomberg’s Yoolim Lee break down how the wage dispute
Indonesia’s $15 Billion Free Lunch Experiment
Indonesia’s free lunch program is a massive operation, feeding tens of millions of people every day across a vast archipelago. On today’s Big Take Asia podcast, host Rebecca Choong Wilkins talks with Bloomberg’s Rosalind Mathieson about the challenges facing President Prabowo’s flagship program and whether it can survive the strain. Read more: Handing Out $15 Bill
Weekend Listen: China vs the US: Kishore Mahbubani on a Zero-Sum Rivalry
Beyond this month's talks between Chinese President Xi Jinping and US President Donald Trump, there’s an epic tale that has been unfolding for decades. It’s a battle to be the world’s number one power and a much bigger story than the latest meeting of these two men. Kishore Mahbubani is a former Singaporean diplomat who served as president of the United Nations Security Cou
SoftBank’s $60 Billion OpenAI Bet Sparks Concerns
SoftBank founder Masayoshi Son has made a $60 billion bet on OpenAI and its CEO Sam Altman – a commitment that has some insiders worried. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks with Bloomberg’s Min-Jeong Lee about how Son became captivated by Altman and what’s at stake for his reputation – and the company – as the AI race intensifies. We have a
The Biggest Takeaways from the Trump-Xi Summit
Tensions between the US and China have deepened since the last time a US president traveled to Beijing for a summit, in 2017. President Trump’s return to China, in a swirl of dinners and festivities, generated positive optics for host and guest alike, but brought less apparent progress on some of the biggest bilateral sticking points, from tariffs and trade to US arms sales to Taiwan. On tod
Modi Is More Powerful Than Ever — Even as India’s Economy Strains
Despite India facing economic headwinds, Prime Minister Narendra Modi’s party defied expectations with a stunning state election sweep — capped by a historic win in opposition stronghold West Bengal. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks to Bloomberg’s Menaka Doshi about how the BJP secured a shock victory and what an emboldened Modi might mean for India
Weekend Listen: Will the Xi-Trump Summit Be Over Before It Starts?
As a high-stakes Trump–Xi summit looms, tensions over the Iran war and defiance of US sanctions threaten to derail what could be one of the year’s most consequential meetings. On Trumponomics, Bloomberg's Stephanie Flanders is joined by Jennifer Welch, chief geoeconomics analyst for Bloomberg Economics and Bloomberg News executive editor Dan Ten Kate to unpack whether the talks will ha
Why China Blocked Meta’s $2 Billion Acquisition of Manus AI
China’s decision to block Meta’s $2 billion acquisition of AI startup Manus stunned the global AI industry. On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg’s Newley Purnell and Lulu Chen about how the deal crumbled and what it signals for Chinese startups trying to go global. Read more: China’s Meta Backlash Renders Manus Model ‘Off
Weekend Listen: Writer Amitav Ghosh on Why India Has Lost Its Way
For more than 30 years, the Indian-born writer Amitav Ghosh has built a global following with novels that draw on deep historical research. But his latest offering, Ghost-Eye, is more esoteric. The plot moves back and forth between India and the US, using past lives to explore the ties between the personal and the political. The plot centers on a psychiatrist treating a 3-year-old who shocks
North Korea’s Nuclear Program Reaches Tipping Point for the US
As global attention is focused on war in the Middle East, North Korea has been accelerating its nuclear and missile program — testing new weapons and producing more warheads. On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg’s Jon Herskovitz on Kim Jong Un’s aggressive nuclear buildup and the strain that puts on US defenses. Read more: North Korea&rsqu
China’s Tech Grip Threatens India’s Manufacturing Ambitions
India wants to become a manufacturing powerhouse to rival China — but its reliance on the Chinese supply chain for things like batteries and semiconductors makes for a complex and exceedingly difficult puzzle to untangle. On today's Big Take Asia Podcast, host Oanh Ha and Bloomberg’s Alisha Sachdev on how corporate India is struggling to navigate this unique geopolitical landscape. Rea
How Hormuz Closure Could Squeeze Asia’s Staple Crop
With the war in Iran creating a shortage of the fuel and fertilizer that farmers across Asia need to plant and harvest rice, many smallholders are seeking alternative supplies or pondering whether to plant at all. On today’s Big Take Asia podcast, agriculture reporter Hallie Gu tells host Oanh Ha what the bottleneck in the Strait of Hormuz means for rice farmers from Cambodia to India &mdash
BONUS: ユニクロ・柳井正氏を直撃、アメリカ内陸部への執念と後継者
日本のアパレル王者、ユニクロ。アジアや米国の沿岸部で成功を収めた同社が、今まさに挑もうとしているのが、ブランド認知がまだ低い「フライオーバー・カントリー（内陸部）」と呼ばれる広大なエリアです。ここを制覇することは、創業者の柳井正氏にとってグローバルNo.1への「最後の難関」を意味します。 今回のエピソードでは、テキサス州ダラスの店舗取材に加え、銀座の旗艦店で柳井氏の買い物に同行した様子を披露。柳井氏本人のインタビュー音声を交え、なぜこのエリアを攻略しようとしているのか、そしてなぜ経営の第一線に留まり続けるのか、その真意に迫ります。 関連記事：ユニクロ柳井正、不屈の野心－米国攻略に向けた成長戦略の真髄「売上3兆円はいける」 ユニクロの東京旗艦店を柳井氏と歩く「買う立場で考える、全部」−世界26市場を支える経営哲学 制作・ホスト： 野上英文、 取材：リード・スティーブンソン 、編集
Uniqlo Is Coming for Middle America
Japan’s richest man — Uniqlo founder Tadashi Yanai — has struggled to win over the US, despite owning the world's third-largest clothing retailer by sales. On today’s Big Take Asia podcast, Yanai takes Bloomberg’s Reed Stevenson to a store in Tokyo and explains why he’s betting big on America one more time. Read more: Uniqlo's Billionaire Founder Wants Tenf
Meet OpenClaw: The AI Craze Sweeping China
Fueled by a powerful mix of FOMO and a government drive to accelerate AI adoption, OpenClaw has exploded in popularity across China. But as these agentic systems gain sweeping access to personal data, reports of them “going rogue” are beginning to surface. On today’s Big Take Asia podcast, host K. Oanh Ha sits down with Bloomberg’s Luz Ding and Bloomberg Opinion’s Cat
BTS Leads Netflix’s Push for Growth in Asia
BTS is back. After a near four-year hiatus, the K-pop icons returned with a historic Netflix event – the platform’s first concert live streamed from Asia. On today's Big Take Asia Podcast, host K. Oanh Ha joins Bloomberg’s Sohee Kim and Lucas Shaw to discuss Netflix’s power move and how global streamers are fighting for dominance in the competitive Asian market. Hoste
The Sixth Bureau Episode 6: Nothing Is Holy
In Episode 6 of The Sixth Bureau, a series from The Big Take, with spy Xu Yanjun in prison, the US government pursues some of his collaborators. Plus, host Jordan Robertson gets an unexpected call which leads to a big discovery. The Sixth Bureau from Bloomberg News follows an MSS intelligence officer whose mission was to acquire the crown jewels of American aerospace companies. With aliases,
Asia Is Bearing the Brunt of the Iran War Energy Crisis
From soaring fuel prices in Pakistan to a shortage of cooking gas in India, Asia is bearing the brunt of the energy crunch sparked by the Iran War. On today’s Big Take Asia podcast we look at how war in the Middle East has pushed Asia to the forefront of a global crisis. Host K. Oanh Ha speaks with Bloomberg’s Faseeh Mangi about the impact of soaring fuel prices in Pakistan and Clara F
The Rise and Fall of an Alleged Scam Boss
By any account, Chen Zhi's ascent was meteoric. At a young age he founded a real estate company in Cambodia, which quickly became the sprawling Prince Group conglomerate. But beneath this legitimate facade, Chen allegedly ran a vast criminal network, building an empire on scams, human trafficking and high-level political protection. On today’s Big Take Asia podcast, K. Host Oanh Ha and Bloom
The Sixth Bureau Episode 5: One Way In, One Way Out
In Episode 5 of The Sixth Bureau, a series from The Big Take, a spy from China’s Ministry of State Security travels to an overseas meeting with a valuable source. He has no idea he is walking into a trap that the FBI has been setting up for months. The Sixth Bureau from Bloomberg News follows an MSS intelligence officer whose mission was to acquire the crown jewels of American aerospace
War in Iran Is Exposing Oil Risks Across Asia
The war in the Middle East is rattling global oil markets, raising the risk of supply disruptions and price shocks for energy‑hungry Asian economies. On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg’s Daniel Ten Kate and Fereidun Fesharaki, founder and chairman of FGE, about how tensions involving Iran are being watched by energy markets — and which Asian e
The Escalating Conflict With Iran
Targets in Iran, Israel and in the Middle East are under attack in an unprecedented escalation in the conflict between the US and Iran. The combat operations come after weeks of negotiations between the US and Iran over what remains of its nuclear program. On today’s Big Take, Bloomberg’s Jeff Mason and Joumanna Bercetche join host David Gura to discuss the timing and goals of this wee
The Sixth Bureau Episode 4: The Duck Analogy
In Episode 4 of The Sixth Bureau, a series from The Big Take, we follow a spy from China’s Ministry of State Security as he tries to plan a delicate overseas meeting with a valuable source. But the person he’s talking to isn’t working alone. The Sixth Bureau from Bloomberg News follows an MSS intelligence officer whose mission was to acquire the crown jewels of American aerospace
Tariff Turmoil Hits China, India Again
From Brussels to Beijing, the United States’ largest trading partners are digesting the Supreme Court’s decision to overturn President Trump’s signature tariffs — along with his threats to impose new levies by other means. On today’s Big Take Asia podcast, host K. Oanh Ha sits down with Bloomberg’s North Asia economy and government editor Jenni Marsh and B
SCOTUS Strikes Down Trump’s Tariffs
The US Supreme Court on Friday handed President Donald Trump one of the biggest losses of his second term, striking down his signature tariff plan. On today’s Big Take podcast, Sarah Holder talks to one of the people at the heart of the drama: Rick Woldenberg, the CEO of Learning Resources, a toy company that was a lead plaintiff in the case. And she unpacks the decision and its implications
The Sixth Bureau Episode 3: Suck, Squeeze, Burn, Blow
In Episode 3 of The Sixth Bureau, a series from The Big Take, we follow a spy from China’s Ministry of State Security to the Paris Air Show, and then watch him develop a valuable source, despite his bosses constantly getting in his way. The Sixth Bureau from Bloomberg News follows an MSS intelligence officer whose mission was to acquire the crown jewels of American aerospace companies. With
The Sixth Bureau, Episode 2: The Spy’s Diary
In Episode 2 of The Sixth Bureau, a limited-run series from The Big Take, we learn how China’s Ministry of State Security recruits experts in the West — and why intelligence officers shouldn’t keep their secrets backed up to the cloud.See omnystudio.com/listener for privacy information.
The Sixth Bureau, Episode 1: Your Friend From Nanjing
It’s an open secret that the Chinese government has engaged in a global campaign to acquire intellectual property from foreign rivals. At the center of that campaign is the Ministry of State Security, China’s elusive intelligence agency. The US has apprehended hundreds of people accused of giving information to the MSS, but the agency’s inner workings have been a mystery —
What Takaichi’s Landslide Election Win Means for Japan
Japanese Prime Minister Sanae Takaichi secured a historic election win, positioning her as the nation’s strongest leader in the postwar era. On today's Big Take Asia Podcast, host Oanh Ha sits down with Bloomberg’s Sakura Murakami to discuss the reaction to Takaichi’s election gamble, her vision for a more assertive Japan and the uphill battle she faces to deliver her ambitious a
Why the US-India Trade Deal Hinges on Russian Oil
This week, the US and India announced a surprise new trade deal that slashes tariffs on Indian goods. It has one major possible catch: a commitment from India to stop buying cheap Russian oil — which will be easier said than done. On today's Big Take Asia Podcast, Bloomberg’s Sudhi Ranjan Sen joins host Oanh Ha to break down the deal and explain what it means for India’s ec
Behind Thailand’s Push to Recriminalize Cannabis
Four years after Thailand became the first country in Asia to decriminalize cannabis, its booming market is at a crossroads. Initial high hopes for a tourism surge and a billion-dollar industry have been replaced by an oversupply of shops and a fierce public backlash. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Patpicha Tanakasempipat about what went wrong an
Japan’s Bond Crash Sent Shockwaves Through Global Markets
From sinking Treasuries to global selloffs, the turmoil in Japan’s bond market is being felt far beyond its borders. On today’s Big Take Asia Podcast, host K. Oanh Ha sits down with Bloomberg’s Ruth Carson to unpack what’s rattled international investors and why markets are still on tenterhooks. Read more: Japan Bond Crash Unleashes a $7 Trillion Risk for Global
Japan’s $2 Trillion ‘Dementia Money’ Cliff
Japan is home to the world’s oldest population and a growing share of the country’s financial assets – about $2 trillion – are controlled by seniors who are showing signs of cognitive decline. On today’s Big Take Asia podcast, host K. Oanh Ha talks with Bloomberg’s Alice French about the staggering “dementia money” at risk, the toll of frozen account
The Domino Effect of the ‘Donroe Doctrine’
For Beijing, the US capture of Venezuelan President Nicolás Maduro was a mixed bag -- an embarrassing surprise, a wake-up call over its alliances in Latin America and an opening to step up on the world stage, according to Nicholas Burns, the former US ambassador to China. On today’s Big Take, host David Gura and Ambassador Burns discuss how President Donald Trump’s military acti
Punishing Iran Could Alienate China and India — Again
Amid Iran’s brutal crackdown on protesters, President Trump threatened to slap a 25% tariff on its trading partners, including China and India. This comes as both countries try to deescalate their own trade wars with the administration. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks to Bloomberg’s Daniel Ten Kate about why the path to punishing Iran’s government r
How Venezuela Shifts China’s Calculus
The US strike on Venezuela and capture of President Nicolás Maduro sent shockwaves across the globe — particularly in China, Venezuela’s top crude buyer and creditor. On today’s Big Take Asia Podcast, Bloomberg’s Jenni Marsh and host K. Oanh Ha talk through what the intervention means for China’s strategic ties and oil supplies and how the military strike could
How China Defied the Odds in 2025
China started 2025 with deflation, a property crisis and fears of a “lost decade” damping sentiment. By year’s end, it had stunned the world with an AI breakthrough, a trillion-dollar trade surplus and rare earth dominance. On today’s Big Take Asia Podcast, host K. Oanh Ha talks with Bloomberg Executive Editor John Liu and Bloomberg Opinion’s Shuli Ren about how China
Toymaker Battles Trump’s Tariffs in Stores and in Court
Since the start of his second term, President Donald Trump has imposed sweeping tariffs – especially on China, where most toys are made. On today’s Big Take Asia Podcast, host Oanh Ha talks with Rick Woldenberg, CEO of four‑generation toymaker Learning Resources, about his company’s battle against tariffs in stores and in court – and what it reveals about the true cos
The $2 Billion Flood Control Scandal Rocking the Philippines
The Philippines is no stranger to typhoons, but this year’s storms exposed something far uglier: a vast corruption scandal. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks to Bloomberg’s Andreo Calonzo and Rosalind Mathieson about how billions of dollars earmarked for flood control vanished and what the crisis means for the country’s political and economic stabilit
Tariffed: The Toymaker That Took on Trump Part Two
The US tariff war with China sent American companies scrambling to find alternative manufacturing hubs. India looked promising until the White House upended everything. On today’s Big Take Asia podcast, K. Oanh Ha heads to India, where she goes inside two toy factories scrambling to adapt to Washington’s shifting trade policies. How sky-high tariffs are undercutting India’s
Hong Kong's Catastrophic Fire Provokes Questions and Fury
Hong Kong’s worst fire disaster in decades has stirred up public anger over negligence, safety standards and official accountability. On today’s Big Take Asia podcast, host K. Oanh Ha talks to Bloomberg’s Shawna Kwan and Jenni Marsh about the devastation, the political fallout and how the public outcry is causing unease in Beijing.See omnystudio.com/listener for privacy informati
All Eyes on Japan and China Tensions After Taiwan Remark
After a rare public comment on Taiwan from Japan’s new prime minister, Sanae Takaichi, relations between the two nations are at a historic low — and Beijing is ramping up its economic retaliation. On today’s Big Take Asia podcast, host Oanh Ha talks with Bloomberg’s James Mayger and Isabel Reynolds about the political calculation behind Takaichi’s move, the historical
Nvidia Silences AI Skeptics (For Now)
Nvidia released its third quarter earnings Wednesday, crushing estimates and easing Wall Street’s concerns about an AI bubble. On today’s Big Take podcast, Bloomberg Tech’s Ed Ludlow sits down with David Gura to discuss his post-earnings interview with Jensen Huang – what the Nvidia CEO had to say about the company’s breakneck growth, so-called circular deals, and pot
China Tests the Limits in the Race for Biotech Power
China is investing heavily in cutting-edge genetic experiments. It’s part of their quest to become a biotech superpower. On today’s Big Take Asia Podcast, host K. Oanh Ha, Bloomberg’s Karoline Kan and Oxford University geneticist Andy Greenfield discuss China’s pharmaceutical ambitions and the loose regulatory environment that allows the animal testing industry to thrive. R
Wall Street Speeds Up India Expansion
Wall Street banks are on a hiring spree across India, recruiting workers for everything from software engineering to risk management as part of a decades-long shift away from support roles toward high-skill positions. On today’s Big Take Asia Podcast, host David Gura sits down with Bloomberg’s Siddhi Nayak to look at India’s changing job landscape. What to expect as Wall Street c
How APEC Become a Battleground for US-China Influence
Asian nations are walking a tightrope between Washington and Beijing – juggling trade, tech and security pressures as the heavyweights vie for influence. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks with Adam Farrar, Bloomberg’s senior geoeconomics analyst for Asia Pacific, to unpack what may have been overlooked at the APEC summit as the Xi-Trump show came to town. R
Trump Got an ‘Amazing’ Meeting. China Got Much-Needed Time
On Thursday, President Donald Trump and President Xi Jinping of China announced a one-year truce in their trade war, capping six contentious months of negotiations and retaliatory tariffs between the world’s two largest economies. On today’s Big Take podcast, Bloomberg’s Global Trade Editor Brendan Murray and Executive China Editor John Liu join host David Gura to parse the detai
Tariffed: The Toymaker That Took on Trump Part One
The US-China tariff war has upended global manufacturing, forcing companies like Chicago-based Learning Resources to fundamentally change how and where its products are made. On today’s Big Take Asia podcast, K. Oanh Ha heads to Vietnam, where the toymaker has begun shifting the production of its popular children’s toys. We examine how the company is managing its complex shift from Chi
Xi’s Top Bargaining Chip Is a Trade War Game Changer
China’s dominance of rare earths has given Xi Jinping powerful leverage over Donald Trump ahead of their expected meeting next week. On today’s Big Take Asia podcast, host K. Oanh Ha and Bloomberg’s Daniel Ten Kate dig into how China is weaponizing rare earths and what the economic standoff means for a trade deal and the future of US-China relations. Read more: Xi Is N
What’s Driving The Rush to Invest in Gold
Gold always shines during uncertain times, but escalating tensions between the US and China and signals from the Federal Reserve that the US could see at least one more rate cut this year have propelled gold – and silver – to record highs. This week on the Big Take, Bloomberg precious metals reporter Jack Ryan and host Sarah Holder talk about what’s pushing up gold’s
Having a Baby? This Company Will Give You $72,000
South Korean companies are offering workers tens of thousands of dollars (tax free) to have babies. But are cash incentives enough to address the country’s record-low fertility rates? K. Oanh Ha and Bloomberg’s Hyonhee Shin explore on today’s Big Take Asia podcast. Read more: Korean Companies Pay Employees Huge Sums to Have More KidsSee omnystudio.com/listener for privacy in
The Rise of Japan’s ‘Iron Lady’ and Its Political Shift to the Right
For the first time in history, Japan’s ruling party has elected a woman as its leader. Sanae Takaichi, 64, is an unconventional figure — and now she’s on track to become Japan’s first female prime minister. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks with Bloomberg’s Paul Jackson about Takaichi’s path to power, why her politics aren’t re
Trump’s H-1B Visa Fee Dashes Indian Workers’ American Dreams
President Donald Trump’s H-1B visa fee has sent shockwaves through India’s workforce, which makes up roughly 70% of recipients. On today's Big Take Asia Podcast, host K. Oanh Ha and Bloomberg’s Sankalp Phartiyal unpack how the policy could disrupt careers, reshape global talent flows and shatter the American dream for tens of thousands of workers. Read more: Why Trump
Breaking Down the Proposed US-China TikTok Deal
After months of negotiation, the US and China have reached a tentative agreement to secure TikTok’s future in the US. On today’s Big Take Asia Podcast, host K. Oanh Ha sits down with Bloomberg’s Josh Wingrove and Mark Anderson to unpack TikTok’s “America-First” era. They discuss what you need to know about potential changes to the platform, how a majority Americ
The Gen Z Protestors Challenging Asia’s Ruling Elite
Across South Asia, Gen Z protestors are flooding the streets, demanding change. These protests have resulted in some of the worst violence Nepal and Indonesia have seen in years, presenting a challenge to the ruling elites. On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg Opinion’s Karishma Vaswani about what’s driving this wave of youth-led uprisings and w
Xi’s Bromance Diplomacy Is Challenging Trump’s World Order
The leaders of China, Russia and India shared smiles and handshakes, putting on a surprising show of unity in a striking moment that went viral earlier this month. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Daniel Ten Kate about what’s driving their alignment and what the shift means for Trump and the US-led world order. Read more: Xi Unites a Wor
What Xi Jinping’s Military Purge Means for China and the World
Beijing is holding its first military parade since 2019, showcasing the strength of China’s armed forces. Underneath the show of power, a Bloomberg investigation has found President Xi Jinping is orchestrating the biggest purge of military leadership since Mao Zedong. On today's Big Take Asia Podcast, host K. Oanh Ha speaks with Bloomberg's John Liu about the dramatic restructuring of China&
Trump Has a Shipbuilding Dream. Can South Korea Make It a Reality?
South Korean shipyards are busier than they’ve been in years. Seoul and Washington are working to finalize a new trade deal that will include a $150 billion commitment to help stimulate the US shipbuilding industry. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Weilun Soon about whether the US-South Korea shipbuilding alliance could help President Trump a
From the Gobi Desert to Wall Street: a Conversation With Weijian Shan
From a life of hard labor in the Gobi Desert to becoming a prominent Hong Kong investor, Weijian Shan's story is one of incredible contrasts. In an exclusive interview with Bloomberg's Mishal Husain, the Chinese economist and author opens up about his childhood during the Cultural Revolution, his thoughts on Hong Kong’s National Security law and President Trump’s trade war with C
The Rebel Army Behind One of the World’s Major Rare-Earth Supplies
Myanmar is the world’s third-largest producer of rare earths and a critical supplier for neighboring China. But rebels have recently taken control of most of the country’s mines — creating a complicated situation for Beijing and for global supply chains. On today’s Big Take Asia Podcast, host K. Oanh Ha and reporter Timothy McLaughlin discuss the Kachin Independence Organi
Why Trump Is Letting Nvidia Sell (Some) AI Chips to China
In an unusual deal, Nvidia and Advanced Micro Devices have agreed to pay the US government 15% of their revenue from AI chips they sell to China. The US has blocked the sale of other, more powerful chips to China on the basis of national security, but the exception underscores the Trump administration’s openness to make exceptions… if the price is right. On today’s Big Take podc
How China Is Bringing Hong Kong’s IPO Market Back to Life
After a years-long slump, Hong Kong’s IPO market is roaring back to life, thanks to a growing number of Chinese companies that are raising billions of dollars in the city. On today’s Big Take Asia Podcast, host K. Oanh Ha and Bloomberg’s Dave Sebastian explore how China is transforming the financial hub into a key funding engine for mainland firms— and the risk
India Won’t Stop Buying Russian Oil. Now It’s Paying the Price.
President Trump has been cranking up the pressure on India, a country the US has courted as a strategic counterweight against China. Last week, Trump announced a 25% tariff on the country, a higher rate than many other major economies in Asia. But he didn’t stop there. This week, he’s threatened to raise the levy even higher. His message to India is clear: Stop buying Russian oil. 
China Bets Big on a $167 Billion Tibetan Dam
China is building the largest power plant the world has ever seen, in a very remote corner of Tibet. But the $167 billion hydropower dam has environmentalists and neighboring countries concerned. On today’s Big Take Asia Podcast, host Menaka Doshi speaks to Bloomberg’s Dan Murtaugh about the engineering and geopolitical challenges, and the impact construction will have on the country&r
Trump’s Tariffs Force Europe to Rethink Ties With China
This week, top European Union leaders are traveling to Beijing for a high-level summit which could set the tone for the relationship between the EU and China for years to come. On today’s Big Take Asia Podcast, host K. Oanh Ha and Bloomberg’s Alan Crawford examine the shifting ties between Brussels and Beijing and the effect Trump is having on the relationship. Read more: US Tariffs Ar
What Is Jane Street? And Why Are Regulators Watching It?
Jane Street is one of Wall Street’s most profitable and secretive firms. And when Indian regulators accused it of market manipulation earlier this month, it rocked the finance world. On today’s Big Take podcast, Bloomberg finance reporter Katherine Doherty joins host Sarah Holder to go inside Jane Street’s unique trading strategy, and what new regulatory scrutiny could mean
The Leaked Phone Call that Plunged Thailand Into Crisis
A leaked phone call between Thailand's Prime Minister Paetongtarn Shinawatra and Cambodia's Hun Sen has ignited a significant political crisis in Thailand, leading to large-scale protests and her suspension from office. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Patpicha Tanakasempipat about the political fallout and its impact on the powerful Shinawatra cla
Bloomberg’s Interview With Malaysia’s Longest-Serving Prime Minister Mahathir Mohamad
Mahathir Mohamad, Malaysia’s longest-serving prime minister, turned 100 this week. Bloomberg Weekend Editor-at-Large Mishal Husain sat down with the veteran former leader for an interview in the offices of his foundation, just outside Kuala Lumpur.Husain asked him about his thoughts on aging and leadership; what he thinks Donald Trump’s tariff war means for Malaysia; and what he sees a
China's Plans to Make AI a Utility
In a remote part of China's northwestern Xinjiang region, dozens of data centers rise from the desert. A Bloomberg analysis of investor and tax documents and company filings found Chinese companies plan to buy more than 115,000 high-tech Nvidia chips — chips the US has banned from being exported to China – to power these centers, which could then be used for training AI models. On toda
The American Toymaker Suing Trump Over Destructive Tariffs
Trump’s trade war has thrown American businesses, which source everything from aircraft parts to baby strollers from China, into chaos. Now some companies are challenging the president’s tariff rulings in the courts. On today’s Big Take Asia Podcast, host K. Oanh Ha is joined by Rick Woldenberg, CEO of the toy company Learning Resources, and Bloomberg’s Lucille Liu, to talk
What the Israel-Iran Conflict Means for China
On Tuesday morning, in a series of posts celebrating the fragile ceasefire between Iran and Israel, Donald Trump touched on one of Iran’s most significant economic relationships, writing, “China can now continue to purchase oil from Iran.” Today on Big Take Asia, host Oanh Ha is joined by John Liu, who oversees Bloomberg’s China coverage from Beijing, to discuss what’
How China Is Building a Powerful Army of Hackers
Teams from China used to dominate international hacking competitions, until Beijing ordered them to stop attending and take part only in domestic tournaments.On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Jamie Tarabay about how tournaments are helping boost China’s cyber-espionage capabilities and what that means for the world. Read more: Chinese Hacking
The US and China’s High-Stakes Diplomacy
President Donald Trump said a trade framework with China has been completed after two days of talks in London. He said Beijing would supply rare earths and magnets “UP FRONT” and the US would allow Chinese students into colleges and universities. On today’s episode, Big Take hosts Sarah Holder and K. Oanh Ha speak to Bloomberg’s Brendan Murray, who’s on the ground in
Wall Street Banks Are Battling for Japan’s Top Young Talent
Japan’s hottest banking talent is in high demand as Wall Street goes all out to woo new hires with fancy dinners, strong-arm tactics and higher salaries. On today’s Big Take Asia Podcast, Bloomberg’s Lisa Du talks to host K. Oanh Ha about why firms are resorting to extreme measures and the problems they face in hiring top talent. Read more: Global Banks Scramble to Hire Top
Nintendo's Big Bet on Switch 2
The Nintendo Switch has generated some $100 billion in sales for the Japanese gaming giant since its launch in 2017, propelling the company’s shares to record highs. Now the game-maker is under pressure to do even better with the new Switch 2, out this week. On today’s Big Take Asia Podcast, Bloomberg Opinion’s Gearoid Reidy joins host K. Oanh Ha to talk about why the Switch 2 is
The Dollar’s Dominance Is Unwinding in Asia
As Donald Trump tries to remake global trade, the dollar’s historic dominance in Asia is under pressure. After Taiwan’s currency saw the biggest surge against the dollar in almost 40 years in early May, some money managers are saying the spike signals the acceleration of a bigger trend of moving investments back home. On today’s Big Take Asia Podcast, host Rebecca Choong Wilkins
What It Takes to Negotiate With China
The trade war between the US and China is on pause, with both sides hoping to agree on a new trade deal by early August. But questions remain about how realistic that timetable could be, given the challenges facing the world’s two largest economies, who both collaborate and compete with one another. On today’s Big Take podcast, Former US Ambassador to China Nicholas Burns joins h
Who Is the Mysterious Founder of China’s DeepSeek?
Despite the global hype around China’s DeepSeek, very little is known about the man behind it – Liang Wenfeng. On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg's Saritha Rai about the tech founder who led DeepSeek to the frontline of AI advances and what the company’s rise tells us about the battle for AI dominance. Further listening: Why DeepSeek Sent Nvidia,
Is the US-China Trade War Over?
In a stunning turn of events, the US and China announced a dramatic reduction in tariffs, which President Trump portrayed as a “total reset” with China. Stocks rose following the news, but what lies ahead once the 90-day reprieve expires remains uncertain. On today’s Big Take podcast, Bloomberg Treasury reporter Dan Flatley joins host David Gura to discuss the major takeaways fro
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