China’s foreign ministry announced new sanctions on seven Americans on Friday, including former U.S. Commerce Secretary Wilbur Ross, in retaliation for U.S. sanctions on seven Chinese officials last week.
Dwight Eisenhower famously said, “Plans are worthless, but planning is everything.” In other words, leaders must create a conceptual framework from which their policies and actions will flow.
The U.S., NATO and other allies are collectively calling out China for malicious cyberattacks, including a March attack that exploited a flaw in Microsoft's Exchange Server.
China’s economy grew slightly slower than expected in the second quarter, weighed down by higher raw materials costs and new COVID-19 outbreaks. Expectations build that policymakers may have to do more to support the recovery.