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China govt-instigated consumer boycotts making companies less willing to invest

China govt-instigated consumer boycotts making companies less willing to invest File photo An American business group warned Tuesday that government-instigated consumer boycotts of foreign shoe, clothing and other brands in China are making companies less willing to invest. That is adding to anxiety over Beijing s plan for a list of “unreliable entities” that might be punished for actions deemed to run counter to Chinese interests, the American Chamber of Commerce in China said in an annual report on business conditions. The report reflects growing unease among American and other foreign companies about the impact of economic and strategic tensions between Beijing and their home countries.

These Two Firms Sweep In as China Ban Takes Its Toll

These Two Firms Sweep In as China Ban Takes Its Toll InvestorPlace 5/4/2021 © Source: Shutterstock Chinese new year lanterns in china town As tobacco companies and other pariah industries could tell you, it’s tough to make money when doors keep shutting on you. © Provided by InvestorPlace Chinese new year lanterns in china town Huawei Technologies Ltd. and its investors are learning that quickly. On Wednesday, the Chinese tech giant reported that first-quarter sales dropped 16.5% from a year ago to 152.2 billion yuan ($23.5 billion). Popular Searches And that’s what the company was willing to tell us. It did not report anything on earnings (though it said profitability improved)… and was also mum on 5G telecommunications gear sales and other business lines.

Chinese manufacturing rises in April but growth might slow - PLANT

Chinese manufacturing rises in April but growth might slow May 3, 2021   The Canadian Press (AP) BEIJING – Chinese manufacturing expanded in April but growth might be slowing after a rebound from the coronavirus pandemic, two surveys showed Friday. A monthly purchasing managers’ index issued by the business magazine Caixin rose to 51.9 on a 100-point scale from March’s 11-month low of 50.6 on a 100-point scale on which numbers above 50 show activity expanding. A separate survey released by the Chinese statistics agency and an industry group declined by 0.8 points to 51.1 but still was above the 50-point mark showing activity growing. A sub-index of production fell 1.7 points to 52.2.

Chinese manufacturing rises in April but growth might slow | iNFOnews | Thompson-Okanagan s News Source

Chinese manufacturing rises in April but growth might slow Workers put together electronic gears at a factory in Zhangye in northwestern China s Gansu Province on April 17, 2021. Two surveys show Chinese manufacturing expanded in April but growth appeared to be slowing after a rebound from the coronavirus pandemic. (Chinatopix via AP) April 29, 2021 - 10:21 PM BEIJING - Chinese manufacturing expanded in April but growth might be slowing after a rebound from the coronavirus pandemic, two surveys showed Friday. A monthly purchasing managers’ index issued by the business magazine Caixin rose to 51.9 on a 100-point scale from March’s 11-month low of 50.6 on a 100-point scale on which numbers above 50 show activity expanding.

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