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CCP: The Chinese Covid Protests

CCP: The Chinese Covid Protests

Over the weekend, China saw something unprecedented: multiple organized protests across the country.

The pandemic protests

China maintains some of the most-severe Covid restrictions in the world, with millions living through work and school closures, mass testing and even full lockdowns for nearly 3 years. The “Stringency Index”, a composite measure developed by Oxford University of how strict Covid measures are across countries, reveals how Chinese Covid policy has diverged from much of the world this year, testing the patience of its 1.4 billion citizens.

After a fire in the city of Urumqi killed 10 people last week, reports circulated that lockdown measures may have delayed firefighters from reaching victims — sparking a wave of fresh anger. Protesters in Shanghai shouted “Xi Jinping, step down”, a rare public show of dissent against national leadership that comes with an extremely-high personal risk in China — scores of people were detained in the country’s most-populous city, including a BBC journalist.

Just a few weeks on since Xi Jinping consolidated his power within the Chinese Communist Party, a difficult economic backdrop and growing Covid restriction frustrations mean the government now faces arguably the sternest test of its power in years. Something as simple as broadcasting the World Cup, where thousands of maskless fans are gathered from around the world, now offers a dilemma for authorities, with Chinese state broadcasters showing less footage of crowd close-ups.

There is a trickle of dissent in China, Xi is likely working relentlessly to ensure it does not become a deluge.

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Ford reportedly in talks to buy hybrid vehicle batteries from Chinese auto giant BYD

Detroit’s Ford and China’s BYD are said to be in ongoing talks to partner on an agreement that would see Ford buy hybrid vehicle batteries from BYD, according to reporting from The Wall Street Journal.

The report comes just days after President Trump toured a Ford factory in Michigan and implied openness to Chinese automakers coming to the US.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

“If they want to come in and build a plant... that’s great, I love that,” Trump said on January 13. “Let China come in, let Japan come in.”

Last week, China’s Geely Automobile Holdings said it expects to make an announcement about expanding into the US within the next three years. Chinese carmakers currently face huge tariffs and software restrictions, effectively barring their vehicles from the US.

Ford has doubled down on hybrid vehicles amid high EV costs and the end of federal EV tax credits. The automaker is currently building a battery plant in Michigan where it plans to use tech from Chinese battery maker CATL.

Still life of Ozempic and Wegovy with weight scale.

Lawsuit alleges Lilly, Novo locked up telehealth to kill compounded GLP-1s

Novo Nordisk CEO Mike Doustdar estimated that around 1.5 million US patients are using compounded versions of the company’s drugs.

Handshake

Big Pharma enters 2026 with an appetite for deals

At the JPMorgan Healthcare Conference, biotechs and Big Pharma signaled they’re primed for M&A this year, after a big year for deals in 2025.

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