China’s slowing economy, Xi’s government tactics leave American investors wary
Written by Black Hot Fire Network on February 26, 2024
American CEOs used to swoon over China. Its vast pool of consumers has been a magnetic draw for decades. But doing business there has become so fraught and risky – with intellectual property theft and an expanded espionage law used to intimidate the business community – that U.S. companies have pressed the pause button.
On top of that, the U.S.-China relationship has become contentious due partly to Beijing's belligerent activity toward Taiwan and in the South China Sea, the