business

Translation: Long Lockdowns in China’s Border Towns

As China doubles down on its zero-COVID policy, Shanghai struggles through a sixth week of lockdown, and Beijing expands mass testing and targeted closures, many smaller Chinese cities and towns have endured much longer periods...

Yahoo, Fortnite Leave China

Yahoo has withdrawn from China, making it the latest in a host of foreign companies that have abandoned the country. Yahoo attributed its decision to the “increasingly challenging business and legal environment” in China....

World Bank Business Ranking Manipulated in China’s Favor

An independent investigation released by the law firm WilmerHale on September 16 found that high ranking staff members at the World Bank rigged data in the 2018 and 2020 editions of its flagship “Doing Business” report in order...

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