The coronavirus pandemic is a shared emergency. It would be a paradox and a disaster if the outcome were to be the closure of borders to trade. Yet shortsighted export controls, protectionism and the economic slump may together have this result. Protection magnified the disaster of the Great Depression of […]
Chinese regulators on Friday gave Goldman Sachs and Morgan Stanley permission to take majority control of their local securities joint ventures, a sign that China will continue to open its financial markets despite the disruption caused by the coronavirus outbreak. The Wall Street banks, two of the earliest foreign movers […]
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Under certain conditions, it is possible to transit in Shanghai without a visa. Nearly all nationalities do not need a visa if the transit is under 24 hours. Certain nationalities can even transit for 144 hours (nearly 6 days) without a visa. For a transit under 24 hours, immigration can sometimes (based on the duration…
