U.S. Firms in China Fear Fallout from Tit-For-Tat Trade War
American business group says Beijing could target sectors to send a political message across the Pacific.
American business group says Beijing could target sectors to send a political message across the Pacific.
China is targeting foreign companies with opaque laws and rules, according to a group representing U.S. businesses there, contributing to a deteriorating environment for investment in the nation.
U.S. companies in China placed greater focus on compliance last year after several high profile probes into corruption and high pricing, but rising costs and a skills shortage remained their main concerns.