Western companies stand in the crosshairs of China’s new reality
Foreign firms in China are facing an increasingly awkward political and regulatory environment
Economist and Author
Economist and Author
Foreign firms in China are facing an increasingly awkward political and regulatory environment
In this new era of strategic competition between China and the West, disengagement is the order of the day. While this trend will impede economic growth, increase business costs, and raise prices for everyone, the economy that loses the most may well be China’s.
Fifty years of encouraging closer economic links with Beijing has proved misguided
China has opted at least for now to make its bed with Putin. But at some point, Chinese policymakers will have to weigh its politics-versus-economics contradiction more carefully, and may come to see Putin as a fly in the ointment of their own interests and ambition.
The ‘Two Sessions’ held in the People’s Republic of China (PRC) in April sought to guarantee a smooth glide path towards the Chinese Communist Party (CCP)’s 20th Party Congress, scheduled for later this year. But instability rules almost everywhere….