#business

Doing Business in Xi’s China

Since Xi Jinping came to power, a lot has changed in China and business is no exception. ‘Chinese characteristics’ have always influenced business practices, but lately, the meaning of this phrase has changed. The environment is becoming more dangerous for companies that reach a certain level of clout, some sectors are favored, while others get the short end of the stick. Undoubtedly, politics is back with full force in the Chinese economy.