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The Chinese Economy Isn't Doing as Well as It Should Be
Beijing has become very worried about many different issues involving American and European corporations, Japanese and South Korean corporations as well. They're wondering how far the administration is going to go with all of this and how big these restrictions become. In a period where the Chinese economy is not doing well, where they're not getting the post-COVID boost that people thought they might, I think the fact that Xi Jinping met last Friday with Bill Gates says a lot. It says they want American business to stay.