THE bosses of foreign firms with operations in China grumble that their lives have got harder of late. China used to be a frontier market offering endless double-digit growth. Officials put out the welcome mat, and were open to wining and dining. Regulators were no more bothersome than in other emerging markets.Now, growth is slowing: official data released this week confirm that the economy grew by 7.4% last year, the slowest rate in 24 years.
Foreign Firms In China: You’re Still Welcome
The Economist: Business, The Economist
Thu, 01/22/2015 - 8:23am
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