Tensions between Beijing and Washington are the biggest worry for US companies in China, report says

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Foreign Direct Investment,China,Beijing

TOKYO — Simmering tensions between Beijing and Washington remain the top worry for American companies operating in China, according to a report by the...

The survey of U.S. companies said inconsistent and unclear policies and enforcement, rising labor costs and data security issues were other top concerns. It also said that, despite the insistence of Chinese leaders that Beijing welcomes foreign businesses, many still are hindered from free competition.

The report said the Chamber saw high-level exchanges and communication between the two sides as a top priority. Among its many recommendations the report urged China to create and implement “transparent and practical economic policies which treat domestic and foreign entities equally.

The 617-page bilingual report provided hundreds of recommendations spanning a wide variety of industries, from sports and online streaming to occupational safety issues and rural traffic management. Andrew Weissmann also predicted a huge "tug of war" over one particular witness in the former president's hush money trial.Trump's legal team reportedly tried to serve a subpoena to Stormy Daniels last month while she was arriving for an event at a notable LGBTQ venueRep. Marjorie Taylor Greene said she plans to file a motion to vacate after the speaker worked with Democrats to pass a $95 billion package.

 

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