Posted on 01/17/2017 5:49:54 PM PST by Olog-hai
U.S. companies feel less welcome in China and some are shifting operations to other countries, a business group reported Wednesday, amid rising tension between President-elect Donald Trump and Beijing over trade.
The report by the American Chamber of Commerce in China reflects frustration among companies that see China as a key market but face growing efforts to block access to technology and other promising industries. […]
Communist leaders have promised to make China’s state-dominated economy more productive by opening more industries to private and foreign competitors. Business groups say such initiatives have had little impact.
The American chamber said 81 percent of companies that responded to a survey feel “less welcome in China,” up from 77 percent last year. It said 60 percent have little or no confidence Beijing is committed to opening markets further in the next three years. …
(Excerpt) Read more at bigstory.ap.org ...
Tax all Chinese crap 35% NOW!! MAGA!!!
In the long run all the countries Trump wants to impose tariffs will thank him. If we retrieve some of the lost jobs our economy will boom. When the US economy is firing on all cylinders there will be plenty of need to import more stuff. The parasites need to keep the host healthy.
Jack Ma should be put in charge of ‘everything trade’ in China...
You mean less welcome than they were previously less welcome? China’s like a spider that sucks the life out of foreign companies and then throws away the empty husks.
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