US firms see China as “uninvestable,” commerce chief warns | DW News

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Is China "uninvestable"? US Commerce Secretary Gina Raimondo warns that US businesses may pull out of China unless the business environment improves. We speak to China analyst Fraser Howie and our Taipei correspondent Tsou Tzung-Han.

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#China #business #Raimondo
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Probably the most important factors in "if" and "where" to invest internationally are 'private property rights" and the "rule of law". Both of those factors make China uninvestable for me.

johnbailey
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Any country where everything is controlled by an ideological party is a risk.

joseluis-mvbu
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Never do business with dictatorships/authoritarian countries.

SamiKotiranta
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Expecting to become self-sufficient by deliberately undercutting trading partners with government subsidies will eventually produce hesitancy in those partners. They don’t want you to make everything yourself and expect to export 2-3 times as much as you import from them. If a country works it’s way towards dominance over times that is one thing. But to systematically take every advantage to get dominant rapidly will cause others to doubt your goodwill.

SeeLasSee
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I don't know why it's taking so long for people to see China is uninvestable.

peteryeng
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The world seems to be splitting once again into opposing, separate blocs

triumphbobberbiker
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This cracked me up. Fraser Howie: "Americans have bought about trillions dollars worth of goods from China over the decades, invested vast amounts of money in China so that's a very strange way to be holding China back."

NekoRocket
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Better to do business in a Democracy then in an Autocracy. India has my vote.👍🏾

rknow
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Investing in countries with a single dominant political party, similar to the situations in China and Vietnam, is often viewed as less appealing for potential investors.

FredSveru.
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No distinction made between decoupling and derisking.

gnolan
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Winnie: I'm taking over your company.
Foreign Company: WHY?
Winnie: Because you're in china!

lil----lil
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China is uninvestible ?? China raised 41B$ equivalent in IPO in 2023 alone, almost 40% of global total. An investor cannot insist Chinese investment to be like the US. It is a different country and different types of companies do well in China.

joem
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Nobody wants to lose money. Leaving China is unstoppable.

jamesmit
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She’s right, and she isn’t saying anything really provocative. if anything she’s just reacting to what firms have already been doing for the past 12 - 18 months.

No one wants to be left holding the bag .

pushslice
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I could see this coming ten years ago.

reasonableman
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The fact that any democratic country is going to do business with a government that diametrically opposes your way of life and government should be illegal. Unbelievable that the US and like minded countries support this behavior smh

mikecamacho
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She's right. Let's start it by closing the following companies in China:
McDonald's: 4, 500 restaurants
Starbucks: 6, 500+ stores
Burger King: 1, 300 restaurants
KFC: 8, 214 company-owned KFC restaurants in China

Again. She's right. Let's close them all in China.

Oh.. WOW! She's a genius!
She should win a Nobel Prize in Economics!

almdrs
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Well, China's loss is India's gain.

BePatient
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Nothing but gratitude felt for DW News.

randstahl
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Investing in any country that has a political party resembling those in China and Vietnam is considered unattractive.

marcussver