The country on Friday disclosed more than 32,000 new domestic Covid cases, the highest daily total to date. The Covid surge comes after the government, facing huge costs of mass testing, suggested earlier this month it was trying to ease restrictions. “We're running into a new problem that mass testing is an enormous financial burden on district governments. They are trying to save money, but they are going to start making testing harder,” Stein said.
“What our members are reporting is investments are being delayed in China, investments are being are reduced in China, and investments are being redirected from China,” Stein said. “There are a lot of factors that go into it, but the biggest single factor, of course, is the unpredictability of the Covid policies,” which hurts supply chain and workforce management, along with domestic spending and investment, he said.
“One thing that gives me optimism coming out of this is we've heard from multiple people that the two countries agreed to resume more regular contact,” he said. Already, U.S. trade policy chief Katherine Tai met China Commerce Minister Wang Wentao at the APEC Summit in Bangkok following the G20 meeting. “That can only be good because the alternative to regular contact, discussions and meetings is only going to more suspicion and sort of fear and resentment on the other side.
“I fear the Biden administration risks making the mirror image of that mistake. So far they have focused on a couple of issues in the strategic basket, and they happen to be some of the hardest ones,” such as Taiwan and Xinjiang, he said. “If those are the main issues the two sides are talking about, then we're going have a really tough series of conversations with very little to show for it at the end.
Revolution will be a lot worse
所以说嘛，在中国有投资的美国资本家，是不希望中国发生大规模疫情的，比如马斯克，库克等等。