This is why American companies still want to be in China - News Summed Up

This is why American companies still want to be in China


You can sign up right hereLondon (CNN Business) It's difficult for American companies to operate in China. That rate of growth was significantly slower than the 18.3% year-on-year increase China registered in the first quarter. "All told, activity in China remained strong in [the second quarter]," Julian Evans-Pritchard, senior China economist at Capital Economics, said in a note to clients. Tensions between Washington and Beijing and human rights concerns have recently made doing business in China even harder for Western firms. Europe started looking into a digital euro more seriously after Facebook unveiled plans to create a digital currency in 2019.


Source: CNN July 15, 2021 11:48 UTC



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