Politics weighs more heavily on foreign companies in China than it has in nearly three decades, writes Joe McDonald, an Associated Press business writer. "The latest flashpoint was Beijing's fury last week at hotel keeper Marriott and other companies that labeled self-ruled Taiwan a country on websites or customer materials. But companies face pressure on many sides from President Xi Jinping's more nationalistic stance and twin campaigns to tighten the ruling Communist Party's political control and have it play a direct role in business."
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2018-01-26
CTE source: https://ctemag.com/news/politics-weigh-heavily-foreign-businesses-china/
Legacy path: /politics-weigh-heavily-foreign-businesses-china