For decades, America’s corporate chieftains saw China as a money spinner.
Western companies doing business in China are facing pressures that were unimaginable several years ago.
The country’s economy is floundering and its relationship with the United States is strained.
Many Western companies still see their China operations as a long-term bet, but the payoff is tempered with hazards.
“There is a recognition among C.E.O.s that they need to mitigate some risks,” said Myron Brilliant, a senior counselor at Dentons Global Advisors-ASG.
Persons:
”, Myron Brilliant
Organizations:
Global
Locations:
China, United States