China’s 20th National Congress of the Communist Party of China (20th NPC) was a watershed event and it is clear Xi Jinping’s vision will shape China in the years to come. Dual circulation strategy, common prosperity and dynamic zero-COVID – as well as the tightening of regulations in sectors such as tech, education, and entertainment, have led to a rapidly changing business landscape for foreign companies. Clarifying details will emerge over the next 12 months but it is safe to say, this is just the beginning.
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