Scott Tong is a correspondent for Marketplace’s sustainability desk, with a focus on energy, environment, resources, climate, supply chain and the global economy. He services the complete portfolio of Marketplace programming and has reported on several special series including long-term U.S. job creation, U.N. climate talks in Cancun, Mexico, the Japan earthquake and tsunami, the BP oil spill one-year anniversary, and famine in the Horn of Africa. He has reported from more than a dozen countries. Tong joined Marketplace in 2004, serving most recently as the China bureau chief in Shanghai from January 2007 to July 2010. While there, he reported on a special series on the economics of one-child and the 30th anniversary of the one-child policy in China, the Beijing Olympics, the food safety scares in 2007, labor strikes, slave labor, child lead poisoning and baby-selling in China’s international adoption program. Prior to joining Marketplace, Tong worked as a producer and off-air reporter at PBS Newshour with Jim Lehrer for seven years, where he produced a special series from Iraq in 2003. Tong received his bachelor’s degree in government from Georgetown University. A native of Poughkeepsie N.Y., Tong now lives in Arlington, Va. with his wife and three children. He’s an acknowledged soccer dad, and enjoys cooking, cycling (he bikes to work on a regular basis), and running slowly.
Posted In: Economy
A key measure of our economy is how many people are employed. But is that number measured accurately? A new report says maybe not; the government's methods often pump up the number of Americans with a job. Scott Tong reports.
Posted In: Wall Street
Google's been an investment darling for some time now. But last night, Wall Street got a bit frugal on the company. Scott Tong reports.
Posted In: Economy
Outgoing Fed chief Alan Greenspan didn't just leave his mark on the economy. He also had an impact in the art world. Scott Tong looks at one artist who's made some green from painting portraits of Greenspan.
Posted In: Economy
Tuesday, the nation's uber-economist takes his victory lap. It's Alan Greenspan's last day as Fed chairman. Most people in this country could probably identify Alan Greenspan's name and maybe that he's the Fed chairman, even if they have no idea what the Fed does. What is it about the guy? Here's Marketplace's Scott Tong.
A quick quiz...which company's revenue last year was greater than the gross domestic product of Saudi Arabia? It's Exxon -- which today reported the largest quarterly profits for a public company ever, $10.7 billion dollars in the last quarter of 2005. Marketplace's Scott Tong has details.
Federal lawmakers today focused on coal mining tragedies in West Virginia that have claimed 14 lives in the last three weeks. Scott Tong reports that there's talk of stiffer penalties and better enforcement of existing laws.
Kai takes a ride with the mobile poor, the migrant workers who are leaving the Chinese countryside for the city, and who are the key to China's expanding economy. Then Scott Tong profiles one such worker. Xu Shiqing is a porter in Chongqing. He earns $10 a day, which places him at the bottom of the economic ladder. Scott follows Xu Shiqing back to his village in the Chinese country, where he's a man with economic means.
This week we're profiling a middle class family in Shanghai. Today, we meet He Yuexian, the 72-year-old grandmother. In her life, her wealth rose and fell with decisions by Communist master planners. What's her take on China's new middle class? Scott Tong reports.
All week we've been profiling a middle-class family in Shanghai - 30-something parents with a young daughter. Today we meet their housekeeper, Zhao Xue. She's 43 years old, and one of 200 million Chinese who have left the countryside for the city. It's a huge chapter in China's ongoing trend of urbanization. Scott Tong has her story.
This week we're profiling the Gao family, a middle-class family in Shanghai. Today, we focus on 37-year old Isabella - white collar manager, wife, and overloaded Mom. Scott Tong reports.