News Snapshot:
Earlier this month, officials said they would adjust COVID-19 restrictions to limit the impact the disruptions have had on the economy and government resources. The latest surge in cases has called that pledge into question, with many officials falling back on familiar heavy-handed measures to try to stop the spread of the coronavirus. Whether Mr Xi can find a middle ground will reflect on China’s status as the world’s factory floor and a major driver of global economic growth. Some multinational companies are already looking to expand production elsewhere. “What we’re witnessing at Foxconn is the bankruptcy of ‘the China...
