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The view from China
Deepening concerns for businesses operating in China and the Asia Pacific region
It has been yet another non-stop, torrid month of geopolitical tension and domestic uncertainty for businesses operating in the China and Asia Pacific region.
Companies are still trying to ascertain their best approach to the Taiwan crisis, a crisis that could potentially affect not only their global supply chains but access to critical parts used in their manufacturing processes.
One CBI member, for example, utilises more than 1,000 individual parts that are sourced from both China and Taiwan. Any escalation in geopolitical tensions or blockade would cause huge disruptions to their business.
And looking beyond the Taiwan Strait, the economic data coming out of the mainland this week shows that consumer and housing demand remains weak, with only 2.7% growth reported where analysts had been hoping for at least