The cost of China’s zero-Covid lockdown

SoftBank founder Masayoshi Son is seeking to raise as much as $100bn from Gulf investors to further his massive bet on AI, the Flydubai co-pilot who tried to hijack a flight to Tel Aviv expressed misogynistic views online, and Donald Trump has said Washington will not strike Iran ...  Show more

Oil executives expressed their appetite for investing in the Middle East despite the war, the conflict has blown a near-£12bn hole in Britain’s public finances, and big investors are “bottom fishing” among beaten-down assets, including Italian bonds and corporate debt. Plus, Chin ...  Show more

China’s zero-covid policy is being <a href="https://www.economist.com/business/what-shanghai-lockdowns-mean-for-china-inc/21808450?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term= ...  Show more

China has signaled it may adjust some aspects of its strict zero-Covid policy following a massive show of defiance in cities across the country, with some openly calling for the removal of Chinese leader Xi Jinping. We examine the financial and psychological ramifications of the ...  Show more

China’s zero-covid policy is being <a href="https://www.economist.com/business/what-shanghai-lockdowns-mean-for-china-inc/21808450?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term= ...  Show more

Last year, we talked about China needing to find a mechanism to fix its economy. It looks like it may have found it - by abruptly ending its zero-Covid policies. The FT’s Shanghai correspondent Tom Hale and Global China Editor James Kynge break down what President Xi Jinping’s ...