China’s Fortunes
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When China suddenly dismantled its lockdowns and other Covid precautions last December, officials in Beijing and many investors expected the economy to spring back to life. It hasn’t worked out that way. Daisuke Wakabayashi, an Asia business correspondent for The Times, ...
In just a few years, the narrative on China has almost completely flipped. The dominant sentiments in America had been awe, envy and a kind of fear. China’s growth seemed relentless. Its manufacturing prowess was lapping ours. It weathered the pandemic without the mass death s ...