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Investors remain cautious on Chinese stocks despite US trade tensions /
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2024-06-10 00:04:55

Investors remain cautious on Chinese stocks despite US trade tensions on Nostr: China's crackdown on American businesses leaves investors in the U.S. wary ...

China's crackdown on American businesses leaves investors in the U.S. wary
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#6e511397 ver:0.15

Investors in the US are becoming cautious as China's crackdown on American businesses intensifies. Chinese-owned company Wanxiang America Corp. has seen billion-dollar deals fall apart due to concerns about geopolitical risks and foreign investment reviews. Chinese companies are facing increased scrutiny over national security, supply chain security, espionage, and unequal treatment from Beijing. Chinese investments in the US have declined, and Chinese firms have hired fewer Americans. Some American companies are leveraging anti-China sentiment for a competitive advantage. Chinese firms are considering setting up businesses in Singapore or the US to mitigate geopolitical risks. The US public sees China as an enemy, and reducing China's power and influence is a top foreign policy goal. US law firms are also leaving Shanghai due to regulatory scrutiny and challenges in the Chinese legal market. The exodus reflects the broader trend of foreign companies reassessing their presence in China. The crackdown has led to a pause in investment from American, Japanese, European, and Korean investors, leaving them wary. Despite the challenges, some American companies are increasing their investment in China. The US-China relationship is at its lowest point in half a century, but economic ties remain important. #China #investors #USChinaRelations #geopolitics...

#newstr #China #AmericanBusinesses #Investors #Crackdown #Espionage #EconomicTies

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