In its quest for global hegemony, the Chinese Communist Party will not shy away from risking the wealth the Chinese people have accumulated over the last few decades, according to Jon Pelson, former chief convergence officer for British Telecom and author of the book ‘Wireless Wars.’ “Chairman Xi would give up his country’s wealth and…
CCP Would Trade China’s Prosperity for Global Geopolitical Hegemony: Telecoms Industry Expert
March 10, 2023
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US Companies Are Pessimistic About Investing in China Although Profitable: Survey
The latest survey showed that U.S. enterprises in China could make a profit, but are less optimistic about investing there because of intense U.S.-China relations, China’s inconsistent regulations, inferior market access for foreign companies, increasing labor costs, and the extreme COVID-zero policy. Fifty-nine percent of the survey respondents had increased profits in China in 2021, higher…
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