15 February 2024

China’s foreign firms grapple with upward mobility in post-Covid era as state-owned peers rise | South China Morning Post

  • Industrial output among SOEs in China is seen benefiting from ‘yawningly different’ effects of Beijing’s policy shifts, to the detriment of other companies
  • In an increasingly murky business climate, foreign firms are left wondering how much more they might become marginalised or eased out of the expanding state sector
South China Morning Post
14 hours ago
China's foreign firms grapple with upward mobility in post-Covid era as state-owned peers rise | South China Morning Post

Foreign businesses have watched their share in the Chinese economy – as well as their relevance and profitability – dwindle in recent years. Illustration: Brian Wang

Frank Chenin Shanghai
Published: 6:00am, 15 Feb, 2024

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