China’s state-led economy makes it clear for foreign firms: you’re either OK with regulatory requirements, or you’re out

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American and international firms are pondering whether they should enter or expand operations in China’s domestic market, which increasingly operates under state direction with lines blurred between Chinese companies and government authorities.On the one hand, the market of 1.4 billion potential consumers is difficult to ignore. Many large, Western-based companies derive significant portions of their global profits from doing business in China.But foreign companies have long complained about…

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