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Chinese President Xi Jinping gave a speech Sunday that outlined the Communist Party of China's priorities for the next five years. China News Service | China News Service | Getty Images BEIJING — The twice-a-decade Chinese leadership meeting this week has significant implications for which parts of the economy will receive support or continued pressure, Natixis analysts said Thursday. Chinese President Xi Jinping gave a speech Sunday that outlined the Communist Party of China's priorities for the next five years. An official version of that report is set to be published after the party's 20th National Congress ends on Saturday. The congress&#x27 ; implications for different sectors "are a big boost for industrial policy ," analysts from the French investment bank said. They pointed to Xi's frequent mention of the need for innovation. "Green transition and semiconductors will continue to benefit," they said. China has announced it aims to reach pe...

Parts of Shanghai have faced intermittent restrictions on business due to Covid controls, even after a broader two-month lockdown ended in June. Vcg | Visual China Group | Getty Images BEIJING — Nearly twice as many U.S. companies cut their investment in China this year versus last year, the American Chamber of Commerce in Shanghai found in its latest survey, released Friday. For 2022, 19% of respondents said they were cutting investment in China, up from 10% in 2021, the report said. The top reasons for doing so were Covid-related shutdowns, travel restrictions and supply chain disruptions, survey respondents said. "Confidence has been shaken," the American Chamber of Commerce in Shanghai said. The metropolis of Shanghai suffered one of the harshest lockdowns in China earlier this year, dragging down the national economy in the second quarter with barely any growth. A bounce of 3.9% in the third quarter brought year-to-date GDP growth to 3% — well below the official target o...

Parts of Shanghai have faced intermittent restrictions on business due to Covid controls, even after a broader two-month lockdown ended in June. Vcg | Visual China Group | Getty Images BEIJING — Nearly twice as many U.S. companies cut their investment in China this year versus last year, the American Chamber of Commerce in Shanghai found in its latest survey, released Friday. For 2022, 19% of respondents said they were cutting investment in China, up from 10% in 2021, the report said. The top reasons for doing so were Covid-related shutdowns, travel restrictions and supply chain disruptions, survey respondents said. "Confidence has been shaken," the American Chamber of Commerce in Shanghai said. The metropolis of Shanghai suffered one of the harshest lockdowns in China earlier this year, dragging down the national economy in the second quarter with barely any growth. A bounce of 3.9% in the third quarter brought year-to-date GDP growth to 3% — well below the official target o...

Chinese President Xi Jinping gave a speech Sunday that outlined the Communist Party of China's priorities for the next five years. China News Service | China News Service | Getty Images BEIJING — The twice-a-decade Chinese leadership meeting this week has significant implications for which parts of the economy will receive support or continued pressure, Natixis analysts said Thursday. Chinese President Xi Jinping gave a speech Sunday that outlined the Communist Party of China's priorities for the next five years. An official version of that report is set to be published after the party's 20th National Congress ends on Saturday. The congress&#x27 ; implications for different sectors "are a big boost for industrial policy ," analysts from the French investment bank said. They pointed to Xi's frequent mention of the need for innovation. "Green transition and semiconductors will continue to benefit," they said. China has announced it aims to reach pe...