I don
I don't even understand your logic of 'permanent' scarring, nothing is permanent in an economy, supply changes, demand changes, businesses come and go. Ultimately, i have a feeling that you are trying to say, China is permanently SCARRED FROM COVID, it will IMPLODE. Come to China and see the hive of activities happening.That’s the whole point of it lol. It’s an effective ban on most direct investment even with the savings clause because companies are unlikely to give extremely detailed records over to investors, it increases the administrative burden on investors and creates a chill as to whether certain activities are legal or not (especially that since under IEEPA, the list of prohibited activities can be expanded at any minute). The point of the executive order is to prevent the formation of professional networks to help Chinese firms sell into the U.S. and to chill investment in China of all stripes and the executive order achieves this by it’s very existence, not the particular details of the existence (this is essentially the void for vagueness challenge).