Foreign investors are fleeing China

Jing’an century, a housing development with ponds and lush greenery in north Shanghai, should have been bustling with activity as workers put the finishing touches on flats. Instead the area is silent. A two-month lockdown of the city of 25m people has forced the developer, a large group called Yanlord, to halt construction on the site. Homebuyers have been on edge for months as some of the country’s largest developers default on bonds and struggle to deliver homes to ordinary Chinese buyers. More from Economist

Is the US One China Policy different from the “One China” Beijing principle

The One China Policy of the United States is not the same as the “One China” principle of the PRC, according to a One China Policy Primer published by the Brookings Institution.

“The One China Policy contains more elements, such as the US interest in a peaceful process of cross-Strait dispute resolution, and its differing interpretation of Taiwan’s legal status as compared to Beijing’s interpretation,” it says. More from TheIndiaExpress

What is the one China policy?

What is the one China policy? To break it down, the U.S. acknowledges China’s position that there is only one legitimate Chinese government, based in Beijing, and that Taiwan is part of China. Strategically, however, the U.S. has never officially recognized China’s claim to the islands or commented on what would happen if Taiwan is attacked. Also under the policy, the U.S. does not have diplomatic relations with Taiwan; however, the U.S. supplies them with military gear and keeps unofficial contacts there. NewsNation

US not bound by Beijing’s ‘one China’ principle

he US Department of State yesterday criticized Beijing over its misrepresentation of the US’ “one China” policy in the latest diplomatic salvo between the two countries over a bid by Taiwan to regain its observer status at the World Health Assembly, the decisionmaking body of the WHO.

“The PRC [People’s Republic of China] continues to publicly misrepresent U.S. policy,” Department of State spokesman Ned Price wrote on Twitter. Taipei Times