Daily Memo: China’s Small Businesses Take a Hit

A new study sheds light on how these companies have been coping with the pandemic.

The toll on small business. It’s been hard to pin down from official figures exactly how hard small businesses in China have been hit by the pandemic. A new Tsinghua University study sheds light on the issue, suggesting that the rate of small business closures in China tripled to around 18.5 percent in 2020. Small […]

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Geopolitical Futures (GPF) was founded in 2015 by George Friedman, international strategist and author of The Storm Before the Calm and The Next 100 Years. GPF is non-ideological, analyzes the world and forecasts the future using geopolitics: political, economic, military and geographic dimensions at the foundation of a nation.