The compromises that companies make to do business in China - News Summed Up

The compromises that companies make to do business in China


Foreign companies just got an important reminder: Doing business in China comes with a long list of demands. The country has acted forcefully when it believes that materials from foreign companies imply these areas are independent. A number of foreign companies have had to make big changes in order to comply. The central bank will also let foreign companies own a majority stake (up to 51%) in securities, fund management, futures and life insurance firms. Censor contentIn order to operate in China, internet companies have to follow the government's strict rules about censored content.


Source: CNN May 09, 2018 12:22 UTC



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