Daily News

USCBC: Beijing hesitant to target U.S. companies in China, but damage still being done

August 29, 2019
China is reluctant to target U.S. businesses operating there because it does not want to diminish foreign companies' interest in investing in the Chinese market, but heightened U.S.-China trade tensions are still disadvantaging U.S. companies, according to the U.S.-China Business Council. “The Chinese government is very reluctant to take any aggressive specific retaliatory action against U.S. companies,” Jake Parker, USCBC’s senior vice president, said at a press conference on Thursday to announce the results of a member survey. “There is...

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