As the threat of a trade war between the US and China still looms, foreign companies operating on the mainland are profoundly ambivalent.
In public, chief executives usually repeat clichés about how there are “ no winners” in a trade war and that disputes should be settled through negotiation.
But in private, foreign companies have grown increasingly discouraged by the formal and informal barriers that hinder not only their operations within China but also their exports into the country.
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