Episodes

  • South Korea Has Plenty of Botox But Not Enough Doctors
    Jan 14 2025

    A record 600,000 people traveled to South Korea for medical procedures in 2023, with roughly half of those visiting dermatology and plastic surgery clinics.

    On today's Big Take Asia Podcast, host Rebecca Choong Wilkins talks to Bloomberg's Oanh Ha about the rise of the medical tourism industry, and how it’s colliding with a shrinking supply of doctors and a struggling medical system.


    Further listening: Netflix’s Big Bet On ‘Squid Game’

    See omnystudio.com/listener for privacy information.

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    15 mins
  • Why Millions of Young Chinese Are Refusing to Make Pension Payments
    Jan 7 2025

    China’s pension system is in danger of running out of cash within a decade due to severe underfunding. Now it faces a new threat: Tens of millions of mostly young workers are refusing to pay into it.

    On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Qianwei Zhang about why workers are boycotting the system and what’s at stake for the struggling economy and the Communist Party.


    Further listening: China’s Crackdowns Are Crushing the Dreams of a Generation

    Watch, from Bloomberg Originals: Why Are China’s Youth Boycotting Pensions?

    See omnystudio.com/listener for privacy information.

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    14 mins
  • The Coffee Shop That's Been Eating Starbucks' Lunch in China
    Dec 31 2024

    China’s Luckin Coffee is the nation’s top coffee retailer, overtaking even Starbucks. That would be notable itself, but less than four years ago the company filed for bankruptcy, making its comeback even more unlikely. The turnaround is in part thanks to the chain’s automated stores, cut-price deals and innovative drinks that appeal to local tastes.

    Today on The Big Take Asia, host K. Oanh Ha speaks with Bloomberg’s Rachel Chang on how Luckin managed to turn around its failing business to overtake Starbucks, and asks whether it can hold on to its success as coffee takes off in China, and more rivals emerge.

    Read more: China’s Luckin Coffee Is Back From the Brink and Beating Starbucks

    Further listening: What Does China’s Economic Slowdown Mean For the Communist Party?

    See omnystudio.com/listener for privacy information.

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    16 mins
  • Netflix’s Big Bet On ‘Squid Game’
    Dec 24 2024

    The gory, dystopian South Korean thriller Squid Game is the most popular series Netflix has ever released. This week, it drops season two — in the midst of the company’s efforts to grow the show beyond the screen.

    On today’s Big Take Asia Podcast, host Rebecca Choong Wilkins talks to Bloomberg’s Sohee Kim and Lucas Shaw about the new season, the story of how the show was nearly never made and all the ways Netflix is trying to expand Squid Game into a global franchise — from reality TV and video games to in-person fan experiences.


    Read more: ‘Squid Game’ Returns in Test of Netflix Global Marketing Muscle

    Further listening: K-Pop’s Big Bet on Becoming Less Korean

    See omnystudio.com/listener for privacy information.

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    15 mins
  • China Had a Plan to Rescue Its Housing Market. It’s Not Working.
    Dec 17 2024

    China’s property crisis has become a massive headache for the world’s second-largest economy. Tens of millions of newly built apartments lie vacant, home prices have tumbled and cash-strapped developers are struggling to finish construction.


    On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Lulu Chen about what China is doing to try and solve its housing crisis. We go to Zhengzhou, home to the world’s biggest iPhone factory and the city where the housing market first imploded. It's now become a testing ground for government efforts to revive the ailing property sector. We look at whether they’re working, and what it will mean for China’s economy if the big push fails.

    See omnystudio.com/listener for privacy information.

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    15 mins
  • The Most Powerful Families in South Korea Brace for the Next Revolt
    Dec 10 2024

    South Korea’s family-run conglomerates – or chaebols – have been big drivers of economic growth, and because of that they’ve largely been seen as untouchable. Until now. The chaebols are being challenged, at a time when the stakes have potentially never been higher, with the country mired in political turmoil. On today’s Big Take Asia Podcast, Rebecca Choong Wilkins talks to Bloomberg reporter Youkyung Lee about how a surprise takeover bid for one of the world’s biggest refined metal producers, Korea Zinc, is sending a chill through the chaebol world.

    Read more: Powerful Families Who Dominate South Korea Face an Investor Revolt

    Further listening: The Six Hours of Martial Law That Stunned South Korea

    See omnystudio.com/listener for privacy information.

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    17 mins
  • The Six Hours of Martial Law That Stunned South Korea
    Dec 5 2024

    In an address broadcast live on Tuesday night, South Korean President Yoon Suk Yeol declared martial law in a move that shocked the nation – and the world. But within hours, after lawmakers unanimously rejected the move and protesters converged on parliament, Yoon went on live television again and backed down, promising to lift the emergency measure.

    On today's Big Take Asia Podcast, host K. Oanh Ha sits down with Bloomberg’s Sam Kim in Seoul to break down the stunning turn of events. They talk about what happened on the ground during the brief period of martial law, and what the political chaos means for an emerging democracy that remains a key military ally and trading partner of the US.

    See omnystudio.com/listener for privacy information.

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    15 mins
  • The $250 Million Bribery Charges Rocking the Adani Empire – and India
    Nov 26 2024

    India’s Gautam Adani, one of the world’s richest men, was charged last week by US prosecutors over his alleged involvement in a $250 million bribery scheme. The indictment sent the stocks and bonds of Adani’s vast conglomerate tumbling and is the second governance crisis to hit the group in two years.

    On today’s Big Take Asia Podcast, host K. Oanh Ha and Bloomberg’s Menaka Doshi discuss what the charges mean for Adani’s empire and corporate India, and the implications for US-India relations.

    Read more: Gautam Adani Bribery Charges Impact His Net Worth, Markets Beyond India

    Further listening: $200 Billion, Four Heirs And One Mighty Empire

    See omnystudio.com/listener for privacy information.

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    16 mins