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Key Takeaways

Top vaccine developers pledge to uphold scientific standards in the face of safety concerns; AstraZeneca paused clinical trials due to an “incident.” US tech stocks see their worst sell-off since March. Prosecutors in El Salvador investigate President Bukele’s alleged negotiations with one of the country’s most powerful gangs.

Condition Updates

A rundown of important global developments in markets, in business, and region-by-region, as well as statistical risk assessments by country and by US state. 

Resilience and Dual Circulation in Chinese Economic Policy

As China faces a new and more hostile global economic environment, existing trends in Chinese economic reform are set to accelerate, driven by a perceived need to increase resiliency and independence. The effectiveness of China’s reforms, including the latest “Dual Circulation Strategy,” and capacity of its economy are key questions for the US to consider as it continues to pursue a more adversarial relationship with China.  

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