Newsletter 140 - November 13, 2022
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Welcome to the 140th edition of Trade War.
The Biden-Xi meeting in Bali is unlikely to have breakthroughs. China has investment banks, business people, and diplomats playing a guessing game: when will Beijing finally end the Covid Zero policy.
Should Beijing encourage its private sector or instead favor state enterprises is the question being debated by clashing economists in China. Meanwhile Beijing has taken a small share in a private Chinese video sharing company, making it far easier for it to monitor its use of personal data.
Alibaba experiences one of its worst ever Singles Day retail bonanzas. And Apple limits the time its AirDrop can be used in China after anti-Xi posters sent.
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