Listen Live
Donate
 on air
Schedule

KCRW

Read & Explore

  • News
  • Entertainment
  • Food
  • Culture
  • Events

Listen

  • Live Radio
  • Music
  • Podcasts
  • Full Schedule

Information

  • About
  • Careers
  • Help / FAQ
  • Newsletters
  • Contact

Support

  • Become a Member
  • Become a VIP
  • Ways to Give
  • Shop
  • Member Perks

Become a Member

Donate to KCRW to support this cultural hub for music discovery, in-depth journalism, community storytelling, and free events. You'll become a KCRW Member and get a year of exclusive benefits.

DonateGive Monthly

Copyright 2025 KCRW. All rights reserved.

Report a Bug|Privacy Policy|Terms of Service|
Cookie Policy
|FCC Public Files

Back to Press Play with Madeleine Brand

Press Play with Madeleine Brand

What Chinese Investment Means for L.A., and 'The Man Who Wasn’t There'

The Dow Jones Industrial Average dropped more than 1000 points today before starting to correct itself. The cause? An economic slowdown in China. This could have a major effect here in Los Angeles, one of the most popular destinations for Chinese tourists and investors. And in Guatemala, citizens, the nation’s most powerful business group, and even the Catholic Church are pressing President Otto Perez Molina to step down.

  • rss
Download MP3
  • Share
By Madeleine Brand • Aug 24, 2015 • 51m Listen

The Dow Jones Industrial Average dropped more than 1000 points today before the parachute kicked in. The cause of this volatility? China. Or more accurately, an economic slowdown in China.

Beyond the market histrionics, the Chinese slowdown could have a major effect here in Los Angeles, one of the most popular destinations for Chinese tourists and investors.

Then, extraordinary events occurred in Guatemala over the weekend, where tens of thousands of citizens, the nation’s most powerful business group, and even the Catholic Church have been pressuring President Otto Perez Molina to step down. Much of his cabinet has stepped down and his Vice President has been arrested.

Finally, Los Angeles is prepared for certain disasters: drought, earthquakes, wildfires. But what about a zombie apocalypse? AMC’s new series Fear the Walking Dead premiered last night. In it, L.A. fails to notice a zombie outbreak… until it’s too late.

Banner Image: A man looks at a stock quotation board outside a brokerage in Tokyo, August 24, 2015. Asian stocks dived to 3-year lows on Monday as a rout in Chinese equities gathered pace, hastening an exodus from riskier assets as fears of a China-led global economic slowdown roiled world markets. REUTERS/Toru Hanai

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Madeleine Brand

    Host, 'Press Play'

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Matt Holzman

    Producer, 'The Document'

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Anna Scott

    Former KCRW Housing and Homelessness Reporter

  • KCRW placeholder

    Jolie Myers

    Managing Producer, 'Press Play'

    News
Back to Press Play with Madeleine Brand