"Exit China? The answer is the‘ no ’”

Author:Global Times Time:2022.06.23

With the deterioration of US -China relations, the world is dividing, forcing countries to decide whether they should be "pro -beauty" or "pro -Chinese". Super powers each delineate the scope of influence. For the multinational company sandwiched in the middle, a differentiation world means that "Made in the United States" is difficult to travel in China, and "Made in China" will not be sold in the United States. But multinational companies cannot afford this price. On the contrary, they must try to control this seemingly new cold war.

The strength behind the United States and China is increasing. With the intensification of competition, the United States is intentional to implement the strategy aimed at changing China's economic environment. At the same time, China is also paying back to the United States to reduce investment in important foreign technologies and energy.

Some multinational companies asked: Is it time to withdraw from China? The answer is "no". Multinational companies that leave China are missing the world's second largest economy, including 800 million middle -class consumers and nearly 20%of global GDP. China's potential influence covers more than half of the world's total population, and withdrawing from China may cause these areas to (Western companies) "restricted areas". On the contrary, multinational companies should follow the Chinese enterprises and find ways to relieve the political risks of the ground. In order to prevent the economic decomposer of the United States and China, multinational companies need to maintain both the existence of China and the business within the scope of the United States.

"We seem to be moving towards a dual -track world, but this is difficult to become a reality in practice." What do you get in the world to make their own decisions, "and" No country wants to give up one of them. "

(Author Stanley Chao, Translation of Cui Xiaodong)

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