Joerg Wuttke, a seasoned partner at DGA Albright Stonebridge and former leader at BASF in China, shares his insights from over 30 years in the country. He discusses the rapid evolution of China’s business environment, the ongoing systemic challenges from government policies, and the impact of COVID-19 on foreign companies. Wuttke reflects on the nostalgia of the past, contrasting it with today's surveillance state. His experiences reveal the complexities of navigating a landscape increasingly hostile to both Chinese and multinational enterprises.