China's Iron Fist: Geopolitical Tensions Make it Hard to do Business
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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
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