Michael Whitakeris a British Olympic equestrian rider, who competes in the sport of show jumping... (wikipedia)
Most of the time building permit activity has a direct bearing on actual construction activity, since developers do not want to expend capital to pay for permits only to be not working on their projects.
China is a very special market, a very important market.
Some of the rhetoric has been embarrassing, even xenophobic.
Those would be significant openings. It would get government out of those decisions.