Opinion: Business in China just got riskier for Canadians – but this was going to happen anyway

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 92%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Business in China just got riskier for Canadians – but this was going to happen anyway

Dennis Kwok is partner at Elliott Kwok Levine & Jaroslaw LLP and executive chairman of China Strategic Risks Institute, a think tank set to launch on Wednesday. Sam Goodman is executive director of China Strategic Risks Institute and senior policy director at Hong Kong Watch.

A little-known but concerning column was published by Xinhua Net on April 14 to commemorate the anniversary of the enactment of the country’s National Security Law in 2015. This increases the risks associated with investing and operating in China, not just for those working in due diligence or the technology sector. Any foreign company attempting to investigate intellectual property theft, fraud or the influence of Communist Party cells on their local company board could now see their local executives arrested and their offices raided on spurious grounds.

Foreign investors instead are flying blind, with the implication that any data gathering on Chinese companies or the Chinese economy is now tightly bound up with national security.

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:

 /  🏆 5. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Opinion: Ottawa’s fertilizer controls may mean ‘no business case’ for feeding the worldReducing fertilizer use risks reducing both food production and farm incomes. Read more.
Source: nationalpost - 🏆 10. / 80 Read more »

Opinion: Ottawa’s fertilizer controls may mean ‘no business case’ for feeding the worldReducing fertilizer use risks reducing both food production and farm incomes. Read more.
Source: financialpost - 🏆 7. / 85 Read more »