A cutthroat price war has erupted in the world’s largest automobile market.Within the span of a week in March, Volkswagen’s Chinese joint venture slashed prices on its ID.3 electric cars […]
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Back to news homeChina Protests Over ‘Zero Covid’ Follow Months of Economic Pain
The toll of China’s unwavering approach to fighting Covid has rippled through the world’s second-largest economy for months: Youth unemployment reached a record 20 percent, corporate profits sagged, and economic […]
China’s Business Elite See the Country That Let Them Thrive Slipping Away
“When the ability to govern decreases, even in the absence of any particular policy from the top, the ineptitude, brutality, and ignorance of lower-level officials will brew disasters for the […]