Posted 1/28/2024, 10:00:28 PM
Foreign Businesses Wary of China's Slowing Economy and Uneven Playing Field
- Foreign businesses struggling in China amid economic slowdown, skeptical of official growth figures
- Investors concerned about barriers, lack of opportunities compared to state-owned firms
- Some foreign firms looking to diversify investments outside China due to risks
- China still has promise with large consumer market, but must improve business environment
- Premier Li vows to address foreign firms' concerns, but action remains to be seen