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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (136906)11/30/2017 2:21:17 AM
From: Elroy Jetson1 Recommendation

Recommended By
John Pitera

  Read Replies (3) | Respond to of 217542
 
German firms VW, Bosch, and Siemens have cancelled expansion plans in China after coming under increasing Chinese government pressure to allow Communist Party Cells within each company to participate in business decisions. Under Chinese law, firms with 3 or more Communist Party members are required to allow these employees to operate a "cell", but these have been largely fanciful regulations until now. - straitstimes.com

Emperor Xi is pushing foreign firms to place their actual day to day business decisions under the direction of internal Communist Party Cells and businesses are growing extremely uneasy with the greatly increased level of government interference with threats that the Chinese government will seize the assets of firms which do not comply with the dictates of their employees who are members of the Communist Party. - wsj.com

Global firms are interested in selling to China's market, businesses firms have long refused to allow assembly or design of proprietary technology to be manufactured inside China.

Businesses are now becoming increasingly reluctant to commit their own capital inside the rapidly evolving Chinese dictatorship.