Foreign money flees China amid investor fears; China’s lockdown a problem for world economy: expert
China In Focus
The World Bank says reducing dependence on China is “probably good for everyone.” That’s the organization’s present comments on the issue. Shipping is grinding to a halt on Chinese highways. Lockdown protocols have left truckers trapped in their vehicles, and the backup is now hitting supply chains. That’s as foreign money flees China at breakneck speed, driven by investor fears. And in space, China and Russia are trying to counter the United States. A defense intelligence officer explains why. An American company sells half its stake in Chinese e-commerce giant Alibaba. The move was pushed through by Warren Buffett’s longtime business partner. A loophole in Canada allows citizens to get illegal organ transplants from China. But a group of lawmakers is trying to close it.
China In Focus
The World Bank says reducing dependence on China is “probably good for everyone.” That’s the organization’s present comments on the issue. Shipping is grinding to a halt on Chinese highways. Lockdown protocols have left truckers trapped in their vehicles, and the backup is now hitting supply chains. That’s as foreign money flees China at breakneck speed, driven by investor fears. And in space, China and Russia are trying to counter the United States. A defense intelligence officer explains why. An American company sells half its stake in Chinese e-commerce giant Alibaba. The move was pushed through by Warren Buffett’s longtime business partner. A loophole in Canada allows citizens to get illegal organ transplants from China. But a group of lawmakers is trying to close it.
