News Snapshot:
A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. BEIJING — China's economic planner said Thursday that two new policies for supporting non-state-owned businesses will be launched soon. While it did not specify a date, the policy plans come a day after China's top party and government leadership announced lengthy "opinions" on supporting non-state-owned businesses. Business sentiment has generally soured amid lackluster economic growth after China's initial recovery from the pandemic. The last three years have also seen heavy-handed crackdowns on internet platform companies, the education and gaming sectors as well...
