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Out of Order
Ben Maher and Anthony Buono
Chinese Businesses Have Nowhere to Turn
12 minutes Posted May 28, 2024 at 4:15 pm.
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Chinese businesses are facing headwinds everywhere in the world at the moment. At home, they're struggling with weak demand, as their consumer base doesn't want to spend money because of the real estate crisis and low confidence. Abroad, buyer markets like the U.S. are becoming more and more protectionist as they look to carve out space for their own manufacturers to compete on the world stage.