Commentary
China’s economy has suffered years of difficulties due to, above all, the regime’s lack of free market principles.
Draconian COVID-19 measures, outmigration, capital flight, the property crisis, deflation, military spending, international tensions and tariffs, technology subsidies, an aging workforce, low birth rate, lack of stimulus from Beijing, and extortionary fines levied by local governments against small businesses have all made doing business in China exceedingly difficult.
