Foreign Businesses Say They Feel Effects From China’s Turn Inward

SINGAPORE—U.S. and European companies operating in China are feeling the effects as the country increasingly turns inward by keeping its borders closed and showing growing favoritism toward domestic companies, two business lobbies said in separate reports.

An annual survey, released Thursday by the American Chamber of Commerce in Shanghai, showed that 45% of 338 members surveyed said China’s strict rules related to entering the country had a negative impact on their operations, while more than a quarter said they had hit profitability in the country.

No one like their own countries’ reputation to be slandered……propaganda machines like using words “nationalistic”to blame the normal local citizens…..to cover up their wrongdoings….

You are treated by the way you treat Chinese.

Correct, for example the shoes, the smartphone, cars, because government tell people to love own country…

What a surprise, no one saw that coming.

american chamber of commerce..in china? we should stop relying on china. i know americans love cheap products but china is not our friend

Meanwhile, not buying Chinese is racist.

support and subscribe pls

I am a graduate student at Columbia University.I got my bachelor degree and graduated from USC.But just because I was a transfer student from HIT WEIHAI to USC, my U.S visa was revoked under P.P.10043 which should be modified or canceled,It is unreasonable. Best wishes to you.

growing favoritism by the 'government' toward local companies ? haha, it's obviously by the normal consumers not about the gov't.

In Uganda it's just the opposite, while foreign investors are given years of tax exemptions, I was instantly slapped with taxes when I opened up my accessories shop. DanielLutaaya FrankWALUSIMBI

If they believe there are substantial 'nationalistic consumers', they're too ignorant to do business in China.

It is really surprising how US can be so Naive. It fell into the atocrat's net.

No one else has invested so much in china as US 😃 It is the only country to take such a foolish step. While it had so many friendly democratic coutries to do business with . closed the gate behind 'go walking back Leave your assets' China had the last laugh.

China first…

We don’t buy bitcoin We earn bitcoin From Mining I'm ready to show 10 lucky people on how to earn 0.1 ($4,845) and more daily! No referral No withdrawal fees Interested people only Kindly send us a DM

You should thank Trump for that. After Trump, they don't even need a justification.

New month! bonus !!! Only 30 serious person's needed SY Work from home with your smartphone and start earning $ 2,500 every 48 hours and $ 8,750 weekly Ask me How No hidden fee No Charges involved No Scam Only serious minded person's WhatsApp number +1 (510) 254-9630

this is terrible news

United States Latest News, United States Headlines

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

Supermodel Linda Evangelista Claims She’s “Permanently Deformed” After Cosmetic ProcedureThe legendary model says she has developed paradoxical adipose hyperplasia, a rare adverse effect of a popular body slimming procedure: 'I have been left, as the media has described, 'unrecognizable.'' There's always a risk of that So? Not my problem Poor thing.
Source: THR - 🏆 411. / 53 Read more »

Kim Kardashian's epic u-turn after saying Kourtney was uninteresting to look atKourtney Kardashian posed for her sister Kim's Skims underwear brand, despite Kim making cruel jibes about her looks in the past For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_Jens1 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success Your daily completely pointless article about these people
Source: Mirror Celeb - 🏆 476. / 51 Read more »

To Scale Up Your Business, Sometimes You Have To Say NoI am president of Ventureneer, which specializes in defining and eliminating problems that hold underrepresented entrepreneurs back, especially minorities and women. Our work provides clients with branded research, training and content opportunities that generate thought-leadership, visibility, sales, and brand loyalty. I am a WE NYC and digitalundivided mentor as well as an advisory board member of Million Dollar Women, Women Startup Lab, and Aleri Research..
Source: ForbesWomen - 🏆 477. / 51 Read more »

Prioritize this 1 thing to cope with pandemic burnoutFeeling overwhelmed? Author Gretchen Rubin says the answer to coping with burnout starts with this one basic thing.
Source: TODAYshow - 🏆 389. / 55 Read more »

The Biden admin is helping fuel the horrifying border crisis with this Trump-era policy.thereidout blog: In approving Title 42, President Biden has literally adopted an immigration policy that stemmed from former President Trump’s racist view of nonwhite countries. thereidout Four Months Ago, Biden Said Haiti Wasn’t Safe. Now He’s Deporting Thousands There. The Biden administration is using a Trump-era policy to justify mass deportations — only Biden is doing it at a faster pace. thereidout Well that’s a stretch! thereidout It’s not racist illegals come in every color so stop trying to divide the nation
Source: MSNBC - 🏆 469. / 51 Read more »

Evergrande makes deal with domestic bondholders to avoid defaultChinese property titan Evergrande's debt burden remains significant but it urges the market to calm down while the government is mute on the issue despite expectations that it will come forward to help the embattled firm.
Source: trtworld - 🏆 101. / 63 Read more »