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Opening up is not in sight, no vaccination campaign and no economic stimulus package: China's zero-Covid policy shows little regard for the economy. The new normal is testing, testing, testing. And the future is uncertain. International companies in the country are forced to accept the situation. But China begins to lose its appeal for new projects and global talent.
By Christiane Kuehl
Hong Kong law professor Angela Zhang sees the authorities' efforts to discipline Chinese tech companies as "clumsy and very costly." The sometimes opaque regulations of the past 18 months in particular have unsettled the tech industry and investors. Beijing's proposal to chip in with "golden shares" doesn't improve the situation either. Zhang explains where the sticking points lie.
By Redaktion Table