China is teaching the likes of Apple and Tesla a very painful...

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2024-03-13 09:00:58 - Translate -

China is teaching the likes of Apple and Tesla a very painful business lesson

It's not a great time to be an American tech CEO with operations in China. Western tech firms are getting squeezed in the world's second-largest economy. The rise of strong local competition and growing pressure from Beijing has proven challenging. There was once a time when American CEOs looked to China as a land of opportunity. That time may be long gone. After years...

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