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| Name | China’s Communist Party Bets on Youth on 100th Anniversary |
| Video Uploader | Video From Bloomberg Quicktake |
| Upload Date | This Video Uploaded At 29-06-2021 05:03:19 |
| Video Discription | As the Chinese Communist Party (CCP) marks 100 years on July 1, President Xi Jinping looks stronger than ever. But succession questions and growing apathy among China’s youth are looming challenges. Over the past century, perhaps the Communist Party’s greatest strength has been its ability to adapt and change. From the Long March that propelled Mao Zedong’s rise to Deng Xiaoping’s economic reforms following famines during the Cultural Revolution, leaders of the CCP have thrown ideology aside when necessary to stay in power. Under President Xi Jinping, who in 2017 declared China “stands tall and firm in the East,” the party has upended presidential succession norms, clamped down on internal discussion and seen a rising wealth gap prompt more young people to embrace “lying flat” -- effectively opting out of the rat race and adopting a minimalist lifestyle. Within China, the number of births last year fell to the lowest level since 1961, adding pressure to boost productivity and keep growth humming. Skyrocketing real estate prices, rising debt and increased competition for the best schools and jobs are prompting younger people to lose hope in Xi’s “Chinese dream.” Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake |
| Category | News & Politics |
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