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US secretary of transportation joins governor to celebrate multi-use path groundbreaking in WS [Video]

PROFILIN BIG CHANGES ARE COMING TO WINSTON-SALEM THAT COULD IMPACT YOUR DAILY DRIVE. JOSHUA DAVIS SPOKE WITH THE NATION’S SECRETARY OF TRANSPORTATION, WHO PROMISED TO IMPROVE YOUR QUALITY OF LIFE. I’M STANDING ACROSS FROM THE FUTURE SITE OF THE SALEM PARKWAY MULTI-USE PATH. NORTH CAROLINA’S GOVERNOR AND THE U.S. SECRETARY OF TRANSPORTATION SAY PROJECTS LIKE THIS ARE GENERATIONAL INVESTMENTS, THAT THE BEST MOMENTS ARE WHEN PROJECTS BECOME REALITY, OVERLOOKING U.S. 421, TRANSPORTATION SECRETARY PETE BUTTIGIEG. GOVERNOR ROY COOPER, WINSTON-SALEM MAYOR ALAN JONES AND OTHER LEADERS BROKE GROUND FOR THE SALEM PARKWAY MULTI-USE PATH, AN AMBITIOUS PROJECT THAT WILL CONNECT DOWNTOWN TO TRUIST STADIUM AND SURROUNDING NEIGHBORHOODS. BUTTIGIEG SAYS THIS PROJECT WILL BENEFIT AN AREA THAT’S GROWING RAPIDLY. PEOPLE ARE DECIDING WHERE TO LIVE, WHERE TO LOCATE BUSINESSES, KNOWING THAT THERE’S THAT KIND OF QUALITY OF PLACE REALLY MATTERS IN THAT DECISION MAKING, AND IT’S JUST AN INVESTMENT IN A BETTER …

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How China Is Rewiring Its Faltering Economy [Video]

Xi Jinping has a plan to fix his country’s faltering economy and offset the pain caused by the property crisis. The goal is to move up the value chain. Out with dirty, low-end manufacturing and in with new industries like solar and electric vehicles. The problem, however, is Chinese consumers aren’t spending. Also, Beijing faces a tense trade and geopolitical landscape with the US and Europe.00:00 Introduction 01:05 China’s growth story 01:54 Solar firm GCL 02:50 Hi-tech sectors04:05 Tariffs and weak consumption07:09 Model of success If you want to read more on China’s “great rewiring,” click here: https://trib.al/25srtVZFor more on Xi Jinping’s plans for the Chinese economy, click here: https://trib.al/4zPyDoh Sign up here for the Next China newsletter to get Bloomberg’s weekly dispatches from Beijing: https://trib.al/kX4Zyws--------Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginalsBloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.