@rbsw Allowing Biontech to be used by a few thousand German expats in China is a joke. If anyone reads this as a sign of Biontech being available to Chinese population soon then they’re wrong. Biontech/Fosun JV setup scaled production & passed trials in CN. This is only political.
2/2 What i would love to see: eased visa policy for Chinese citizens, more college stipends for Chinese students, investment in cultural institutes in China (eg Goethe institute) and other exchange programs to foster human interactions between China & the West.
Europe is talking about how Germany’s “change through trade” has failed. It is time to cut trade ties with China and reduce dependencies. But how can we continue strengthen our human ties & culture exchange with China while not be complicit with the political regime. 1/2
2/ But i did a pcr test every 24h for past 7 days and all show negative. Response: yeah doesnt matter. We will send someone to your house to test you 🤔 3/ i have a flight back to Shanghai tmr. You cant take the flight because we will block your health code 4/ just boarded flight
Arbitrariness of covid measures in China: Get a call Sunday 10pm and being told i am coming from a high risk area while all official platforms show my area is low risk (“yeah public information & government information are not the same”) and i should home quarantine for 7 days /
The only real things we have so far are the arrival of Russian mobiks, the handover of >100 tanks and trucks to Russia and isolated "mobilisation readiness exercises" in some areas of Belarus, which look as pathetic as in Russia. Everything else is just hawkish rhetoric. 14/
There is two ways of receiving a pcr test throat swab in Shanghai. Either you pull the mask down over your chin OR way more funny, you pull it up over your eyes. Especially the older generation seems to prefer second option 👵🏻😷
Why English translations of Chinese gov speeches always come out in these very convoluted, robotic sentences. Are people just using Google Translate or is it just very difficult to translate it in a way that normal people can relate? 🤨
Analysts are saying that its like that China will be opening up in Q1 2023 as the economic losses due to the Covid policy are not sustainable. I am really wondering how they want to change the narrative in a way that ten thousands of covid deaths are suddenly acceptable.
Odd how the Chinese private sector does not want to invest more money even its available to them while local provinces are scrambling for cash to finance tax reliefs for stimulating the economy and complying with the Covid regulations imposed on them by Beijing.
Households & businesses don’t want to take any credit due to a lack of confidence into the Chinese economy. Who would tie themself to a new loan with the looming risk of their biz/construction having to shutdown anytime because of China’s covid policy? Looks like not too many.
Main reasons stated are lowered overseas demand and local covid policy leading to contracting output. Those are the lowest numbers since November 2019 and are a clear indicator that Chinese economy is having challenges to recover.
One good thing about Beijing pushing regional administrations to catch-up on GDP growth targets is that finally roads are being fixed in Shanghai. Infrastructure spending still the easiest way for funneling fresg capital straight into the economy but how sustainable is this?
Meanwhile Erdogan, previously trying to remain neutral, has to make a stand against Putin’s Ukraine war as Russia is taking more control over Black Sea with its attempt to annex Ukraine’s coastal provinces.