When the dust settles on the coming economic snapback, China’s chronic growth problems are likely to resurface with a vengeance.
Spring Festival travelers waiting at Hongqiao Railway Station, Shanghai, January 7, 2023. Credit: Imaginechina via AP Images
Long critical of Chinese censorship and Communist Party verbiage, world financial markets have enthusiastically embraced Beijing’s spin heralding a powerful post-Zero Covid reopening. Western media are similarly enthusiastic. In a breathless recent cover story, The Economist concluded that “China’s reopening will be the biggest economic event of 2023.” Just like that, the perfect storm is apparently about to turn into a beautiful day.
Proponents of the reopening p
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Jeffrey Epstein aspired to do deals in China, corresponding with Peter Mandelson and David Stern, a German associate who was close to Andrew Mountbatten-Windsor. The Wire China reviews email trails from the Epstein files.
In an adaptation of her forthcoming book, The New Tech Titans of China, Rebecca Fannin profiles Shanghai-based Qiming Venture Partners and its American founder, Gary Rieschel.
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