China’s current private sector is operating in a continuously narrowing space when conducting domestic and international business. Corporations themselves may not be the originators of compliant actions to the Chinese government, but may have to comply with Party directives all the same. Foreign firms operating in China are now facing a harsh course-change by an environment that once sought partnerships and capital. In their 2017 survey of member firms, the U.S.-China Business Council found that 20 percent of trade union members were asked to transfer technologies, providing China with additional leverage.
Read more: