News Snapshot:
According to Bloomberg, a disagreement between Chinese President Xi Jinping and Premier Li Keqiang is paralyzing authorities in charge of the world's second-largest economy. While Keqiang has pushed the authorities to strengthen the Chinese economy and meet pre-determined development objectives, Jinping has emphasized the importance of officials pushing for zero coronavirus infections. According to Bloomberg, eight local government officials and financial bureaucrats familiar with the situation said that the uncertainty over who to listen to is producing instability in a country that follows the dictates of the Chinese Communist Party without challenging its judgments. On the condition of anonymity, four...
