US firms ‘more negative’ about doing business in China
Five years since the trade war started, American firms seem less inclined to invest in China. …
“Companies are just really tired after three years of Covid,” he adds, also highlighting a number of other issues. These include travel becoming more difficult, rising labour costs, executives who are “just not willing” to take up assignments in China, political pressure, and China becoming a less predictable place in which to do business.
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