Taps Coogan – February 14th, 2022

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The following infographic, from Visual Capitalist, shows the long and growing list of large American brands and companies that have given up on the Chinese market.

There is one reason why company after company goes to China: the hope of capitalizing on its massive population and large middle class. More often then not, the reality proves to be one in which industrial espionage, forced technology transfers, competition from state-backed players, capital controls, and human rights abuses take center stage. Could it be that totalitarian Marxists governments set on usurping the American economic order aren’t actually an Eden for American business?

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