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The Exchange - March 11, 2022

2022-03-11
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  • China Holds the Two Sessions | China convened two key annual political events — Chinese People’s Political Consultative Conference (CPPCC) and National People's Congress (NPC) — this week, setting its annual economic growth target at around 5.5% and highlighting the importance of economic stability. People tend to see this week's conferences as a preparation for a more important convention in Autumn — the 20th National Congress of the Communist Party of China when the country will decide its leadership in the coming years.
  • Wang Yi Talks about Chinese Foreign Policy | Chinese Foreign Minister Wang Yi gave an overview of Chinese foreign policies towards different countries and regions during a Monday news conference, reiterating China's upholding of multilateralism and opposition to the Cold-War mindset. While many commentators in the West believe that China is standing with Russia in the Ukraine crisis out of "anti-Americanism," some Chinese experts say China will not choose a side between Russia and Ukraine due to its good relationship with both countries.
  • U.S. Feeling the Pinch of the War in Ukraine | With inflation on the rise, the war between Russia and Ukraine has impacted America’s pocketbook. An already slow supply chain is made worse by the conflict, with the prices consumers are paying, notably for food and gas, on the rise daily. Many companies are avoiding shipping goods through Russia, and there's a growing list of companies that are halting operations in the country altogether, further adding to soaring U.S. prices.


    Read the full report here.
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