China's Iron Fist: Geopolitical Tensions Make it Hard to do Business
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
For more than half a century, China boasted the largest population on the planet. Yes, it did just recently get supplanted by India, but the Middle Kingdom's population of 1.4 billion -- hundreds of millions of whom are newly middle class -- represents a massive and irresistible market for US multinationals. Cash flow catnip for the likes of Apple, GM, Tesla, and Nike.
But the political and military temperature is rising. The run-of-the-mill retaliatory trade wars and saber rattling that defined US-Chinese relations for years have evolved into a full-fledged geopolitical crisis. And the Chinese market -- already difficult to navigate with its unique cultural, bureaucratic, and competition issues -- is now bordering on inoperable for many US businesses.
Source Fool.com
General Motors Corp Stock
Currently there is a rather positive sentiment for General Motors Corp with 36 Buy predictions and 8 Sell predictions.
With a target price of 49 € there is a slightly positive potential of 13.28% for General Motors Corp compared to the current price of 43.26 €.