Commuters at a subway station in Beijing on March 6. China’s economic growth target of around 5% … [+] © 2023 Bloomberg Finance LP What a difference two months makes. Hopes were high in January that U.S. Secretary of State Anthony Blinken’s scheduled travel to China, the first such visit by America’s top diplomat in years, would give a boost to strained ties between the two countries. China’s economy had started to rev up from the end of its ‘zero-Covid’ policies, giving a lift to its stocks and fortunes.

Then, the appearance of a suspected sky balloon over the U.S. […]

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By Donato