Is Beijing’s Clampdown on Private Industry Easing?

After Alibaba founder Jack Ma’s return from a yearlong absence, Communist China would like American businesses to think so.

AP/Ng Han Guan
President Xi at a dinner reception on the eve of the National Day holiday at Beijing, September 30, 2022. AP/Ng Han Guan

China is open for business, or at least that is what its Communist leaders want American business leaders to believe. Should anyone trust Beijing?

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