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New Premier gives companies hope

China’s new Premier Li Qiang in Beijing on Monday.

The first major appearance of China’s new head of government Li Qiang has been promising from a business perspective. Both domestic and foreign companies in China recently fared similarly: On the one hand, they felt an upswing after the end of zero-Covid. They preferred to wait and see what signals the National People’s Congress (NPC) would send before making big investment decisions.

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