The pandemic has brought a boom in entrepreneurship, but higher interest rates, a chill in venture capital and fears of recession now pose obstacles.
Category: Coronavirus (2019-nCoV)
As China Reopens Its Borders, Mixed Feelings at Home and Abroad
Friends and families are planning reunions; tourists are booking flights. But amid the anticipation, there’s a whiff of anxiety.
As China Lifts Pandemic Border Controls, Mixed Feelings at Home and Abroad
Friends and families are planning reunions; tourists are booking flights. But amid the anticipation, there’s a whiff of anxiety.
Why China’s Economy Faces a Perilous Road to Recovery
Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers.
‘OK, Mexico, Save Me’: After China, This Is Where Globalization May Lead
As American companies seek to limit their exposure to the pitfalls of making goods in China, some are moving production to Mexico.
What TikTok Told Us About the Economy in 2022
From Barbiecore to revenge travel, social media trends gave us a clear picture of the forces reshaping the economy.
With ‘Zero Covid,’ China Proved It’s Good at Control. Governance Is Harder.
For a powerful government that has bragged about its command of the country, its absence at a moment of crisis has made the public question its credibility.
China’s Youths, Stung by Years of Covid Rules, Fear Grim Job Future
A sluggish economy continues to leave many young people unemployed, with few job prospects or hopes to tap into the rising incomes their parents enjoyed during boom times.
How Will China Turn Its Economy Back On? The World Is About to Find Out.
Strict “zero Covid” curbs have been smothering growth. After easing them, Beijing faces the twin challenges of rising caseloads and wary consumers.