Behind the Money

Lately, China’s economy has been in the doldrums, with the risk of a “deflationary spiral” lurking. Plus, toss in the election of Donald Trump in the US — and reaching the economic goals President Xi Jinping set more than a decade ago looks even more difficult. The FT’s China bureau chief Joe Leahy examines Beijing’s latest plans to fix the country’s economy and whether it will be enough to keep up with Xi’s long-term plans for growth. Clips from Bloomberg, CBS, Yahoo Finance - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Why Xi Jinping changed his mind on China’s fiscal stimulusWhy China is betting on local governments to spur the economyIf China’s statistics can’t be scrutinised, doubts about the economy will only grow- - - - - - - - - - - - - - - - - - - - - - - - - - On X, follow Joe Leahy (@leahyjoseph) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Who will corporate America's winners and losers be under four more years of Donald Trump? This week, the FT’s Brooke Masters, Stephen Morris and Jamie Smyth explain what changes a second Trump administration will bring to three crucial sectors: Wall Street, tech and energy.- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Can the renewables boom withstand Trump?A Wall Street giddy over Trump should remember historyWho’s who in the Musk ‘A-team’ vying to shape Trump 2.0Trump 2.0: winners, losers and Elon- - - - - - - - - - - - - - - - - - - - - - - - - - On X, follow Brooke Masters (@brookeamasters), Stephen Morris (@sjhmorris), Jamie Smyth (@JamieSmythF) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Private equity earned a reputation as a ruthless and lucrative business. But over the past few years, large groups have been doing something that seems like the opposite of their cutthroat image: giving equity worth hundreds of thousands of dollars to the ordinary workers at the companies they own. Antoine Gara, the FT’s US private & institutional capital correspondent, explains how these payouts make business sense for private equity firms – and help soften their tough image.- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Workers getting share in windfalls as private equity firms soften imagePrivate equity groups’ assets struggling under hefty debt loads, Moody’s saysBlackstone plans to list some of its largest investments - - - - - - - - - - - - - - - - - - - - - - - - - - On X, follow Antoine Gara (@antoinegara) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

On November 5, voters in the US will head to the polls to decide who should be the next president: Donald Trump or Kamala Harris. But over the past several months, people from around the world have been placing millions of dollars on who will win that race. As interest in betting on US politics reaches a new high, the FT’s Oliver Roeder and Sam Learner explain how these markets work and what can (and can’t) be learned from them. - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Prediction markets can tell the future. Why is the US so afraid of them?Take political betting markets literally, not seriouslyWhat the polls can’t tell us about America’s election- - - - - - - - - - - - - - - - - - - - - - - - - - Attend the FT Global Banking Summit, December 3 and 4 in London: Enter BTM20 for a 20% discount (applicable on all ticket types), register here.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.