As China’s economy slows down and local business environment becomes increasingly uncertain, some foreign companies are pulling back from China. Earlier this month, Amazon.com Inc agreed to sell some of its Chinese cloud assets to its local partner, after local laws that mandate the storage of data within the country and increasing competition from local players such as Alibaba and Tencent. American healthcare firm Cardinal Health has agreed this month to sell its Chinese pharmaceutical and medical-products distribution business in …

As China’s Economy Slows, New Wave Of Restructuring Brings On Fresh Investment Opportunities appeared first on China Money Network.