China's Investment Trap | Opinion

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

Business News News

Business Business Latest News,Business Business Headlines

Under the control of the Chinese Communist Party (CCP) there is no rule of law.

Under the control of the Chinese Communist Party there is no rule of law. Executives of foreign corporations and investment firms that invest in China must know this fact. Yet so many have taken the risk, enticed by profits and confident they can stay in the good graces of the ruling dictatorship.

However, unpredictable shifts in geopolitics, domestic economic concerns, and suspicion toward companies that become too big or too influential can trigger changes, and what once looked like solid ground—with contracts and agreements—is now a sinkhole. This is the trap: privileges bestowed by local policy are suddenly declared in violation of Chinese law.When the CCP changes its mind, the locally delivered 'preferential policies' are suddenly not only obsolete but illegal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Biggest investment opportunity': Investment manager names stocks to play the copper market'Copper is going through some serious spikes and prices are likely to be much higher in the future,' says Will McDonough, CEO of Corestone Capital.
Source: CNBC - 🏆 12. / 72 Read more »

EU seeks stakeholder opinion on adding crypto to 12T euro investment marketThere won’t be an independent UCITS fund with 100% crypto allocations but rather multiple UICTS funds with a certain percentage of crypto allocation.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Several Bay Area mayors on weeklong trip to China to foster investment, tourismMultiple city leaders from the Bay Area were in the Chinese city of Chongqing on Monday as part of a weeklong trip intended to foster investment, business and tourism exchanges between China and cities in Northern California.
Source: KPIXtv - 🏆 443. / 53 Read more »

China consumption slows as retail sales and investment data disappointChina reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.
Source: NBCDFW - 🏆 288. / 63 Read more »

China retail sales, investment data miss expectations in AprilChina reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.
Source: CNBC - 🏆 12. / 72 Read more »

China's Xi Jinping visits Europe; Ukraine, trade and investment are likely to top the agendaUkraine, trade and investment are expected to dominate Chinese leader Xi Jinping's first trip to Europe in five years, as the Asian giant rebuilds its foreign relations after a prolonged absence during the Covid-19 pandemic.
Source: WashTimes - 🏆 235. / 63 Read more »