Foreign firms continued to receive more scrutiny than Chinese peers, especially in the semiconductor industry, as Beijing attempted to secure a stable supply.
Continue Reading
April will be even worse than March, and the economic pain will last longer as the country struggles to control the highly transmissive variant.
Chinese authorities are battling the spiraling medical costs of covid while rushing to contain the spread of the omicron variant.
The EU has acted less aggressively than the US, but the two are moving closer; China is unlikely to retaliate unless they cross the red lines such as Taiwan.
We explain how local governments function, how Beijing governs local governments, and what has changed over the years.
China will only let up on Omicron under two scenarios, both unlikely for now; enormous economic damage will lead to more policy easing on housing.
Provincial party secretaries are the most crucial ligaments between central and local governments, and the most important local enforcers of central policies.
China’s worst-ever covid wave, with Shanghai at the epicentre, leads to more lockdowns as Beijing sticks to “dynamic zero-covid.”
Countries’ commitments on strengthening energy security amid the Ukraine crisis will make international cooperation on climate policies more difficult.
China’s tech and electronics firms face the biggest secondary sanction risks because many rely on US supplies and technology.