China is targeting foreign companies with opaque laws and rules, according to a group representing U.S. businesses there, contributing to a deteriorating environment for investment in the nation.
I’m rather enjoying some of the news coverage of the latest AmCham survey. Selective enforcement of the laws in China? My goodness, I’ve never heard of anything so terrible. Well, except for selective enforcement of the law, which happens every 32 seconds and is a well-known price of doing business over here for MNCs. If you work for Bloomberg news, apparently you call this sort of thing “subjective enforcement” of the law. Whatever.
If you are doing business in China and this story comes across as actual news to you, my suggestion would be to leave the country immediately; there’s no way you will ever turn a profit here.
via U.S. Companies Say China Subjectively Enforcing Laws – Bloomberg
© Stan for China Hearsay, 2014. |
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