Chinese President Xi Jinping will find his goal of “high-quality economic development” unrealistic amid growing U.S.-China tensions and market stagnation, according to one expert’s analysis.
Entry restrictions on foreign tourists were further relaxed on Sept. 7, but a sudden surge in such visitors is not expected because some unpopular border rules still apply.
Japanese companies are cautiously resuming operations in Shanghai, well aware that the economic center of China could face another extended lockdown if the novel coronavirus spreads in the city again.
A leading Chinese automaker is seeking to find an entrance ramp into the difficult Japanese domestic market with its first dealership in Japan offering pricey luxury sedans.
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