Big Businesses Face Xi's New Reality

The video discusses President Xi's recent speech emphasizing the need to improve living standards for ordinary workers and address the wealth gap in China. It highlights how multinationals like Starbucks and Yum China are adapting to these changes by offering better benefits and stock options. The video also explores the implications of Xi's housing policy, which aims to reduce income inequality by focusing on affordable housing in major cities and developing housing in smaller cities.

In what ways are companies like Starbucks and Yum China addressing the challenges in the Chinese market?

What does the phrase 'housing is for living, not for speculation' imply for Chinese property developers?