Press Play with Madeleine Brand
Chinese Investment in L.A.
Markets jumped out of a plane this morning. The Dow Jones Industrial Average dropped more than 1000 points before the parachute kicked in. The cause of this volatility? China. Or more accurately, an economic slowdown in China.
By Madeleine Brand • • 1 min readMarkets jumped out of a plane this morning. The Dow Jones Industrial Average dropped more than 1000 points before the parachute kicked in. The cause of this volatility? China. Or more accurately, an economic slowdown in China. And 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.
