A local government in Henan stops paying its Covid testing bills, and England says ”no” to Chinese investment in its chip sector
China Inc by BBW

A local government in Henan stops paying its Covid testing bills, and England says ”no” to Chinese investment in its chip sector

2022-11-24

The city of Xuchang in central China's Henan province stops paying its bills for testing millions of residents for Covid, reflecting the huge strain such expenses are putting on local finances. And Britain vetoes the sale of a Welsh chip plant to a Chinese buyer on national security grounds, even though the deal closed a year ago.

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