A Confusing Year for Business
by Antony Dapiran
TIME IN THE business world in China used to be marked by progress: each year seemed to bring more reforms, more opening up, new ventures, new possibilities. This was the case throughout the 1990s and especially in the years surrounding China’s accession to the World Trade Organisation in 2001.
Recent years, however, have seen a different kind of progression. The last twelve months have featured crackdowns, high-profile government-instigated cases against foreign businesses and a sense that doing business in China is getting harder, not easier.