Why Foreign Companies are Skeptical of China's New Openness | WSJ

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#WSJ #China #TradeWar
Why Foreign Companies are Skeptical of China's New Openness | WSJ
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Wall Street Journal
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Beijing is giving Washington a  concession in the trade talks: regulations that would level the playing field for foreign companies in China. But there are doubts about Beijing’s true commitment to opening its market.

Photo: Johannes Eisele/AFP via Getty Images

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#WSJ #China #TradeWar
Category
News & Politics
444 Comments
Auggie Giuseppe
Add a public comment...
Bao Phan
Bao Phan
16 hours ago
Great, but there’s no mechanism for disputes.

29


MintArcade
MintArcade
7 hours ago
China: we won't!

Everyone else: yeah right…

11


Victor Ong
Victor Ong
13 hours ago
IF YOU ARE SKEPTICAL , SIMPLE :  DO NOT JOIN THE BAND WAGON !

16


VobisPacem
VobisPacem
1 day ago
"China stops forcing technology transfer."
Oh. Look, finally China has completed copying down every single technology in the entire world!

79


Sayan guria
Sayan guria
1 day ago
More like lie for openness overhauled

49


Bobby Jones
Bobby Jones
4 hours ago
China has lost trust multiple times, in business trust is what is most important. Don’t be fooled by them

3


Ken Hung
Ken Hung
11 hours ago
Still trusting China❓Good Luck 🤣

7


MilesBellas
MilesBellas
1 day ago
0:45
"improve it's business environment" = FAKE
.
the statement is  another game

62


Ashish
Ashish
1 day ago (edited)
This should be taken with a cup full of salt it's Highly doubtful the communists will play ball with American companies since they are challenging American hegemony all over the world.

87


Trevor7775
Trevor7775
17 hours ago
They are COMMIES. need i say more

6


Winston Wolf
Winston Wolf
1 day ago
China produces gold and China is buying gold. Need I say more.

1


dyrectory com
dyrectory com
14 hours ago (edited)
Elon Musk, Bill Gates, Warren Buffet, etc. has a presence in China... for some reason, they're not skeptical. 💡

2


black wall
black wall
19 hours ago
Yep
F U
Sorry I speak Farsi.

3


aniruddha rawale
aniruddha rawale
15 hours ago
0:44 When Winnie the pooh find out about xanax 😂

4


jooky87
jooky87
8 hours ago
So it’s 2020 did gdp reach 12 trillion?



Neil Hutcherson
Neil Hutcherson
10 hours ago
China has its secrets, Its all proven guys.

1


Will Qin
Will Qin
6 hours ago
Company without much budget: What? Foreign Companies are Skeptical of China's New Openness? Wow, I quit.
Company with tons of budget: Lets tell other companies"Foreign Companies are Skeptical of China's New Openness".

1


Matthew Yourmum
Matthew Yourmum
17 hours ago
govt badness Andrew Holness if u know u know



Joe Dieu
Joe Dieu
5 hours ago
Lol, so much unhappy Indians In the comment section. How to increase view count, China bad, India good.



Carl Rodgers
Carl Rodgers
12 hours ago
Creating a Law and implementation are 2 very different issues. Sun Tzu The Art of War, Deception is all.

16


Zinc CYanide
Zinc CYanide
1 day ago
I believe the previous Chinese approach was "tech in exchange of market". Transferring of technology is a part of the deal if you want to enter the China market, and those international corps all know and agree to it when they chose to enter the market. So they can quit whining about China "stealing" their tech tbh

14


bloodyredvinal
bloodyredvinal
17 hours ago
As an American who has lived and worked in China for nearly 10 years, I applaud China's new laws. And I am confident they will be fully implemented. The thing people don't always understand about China is it a big country of actually many cultures and languages. And oftentimes it takes time before this country/bureaucracy moves. But it does move especially in its best interests. And it is China's best interests to invite/have foreign firms operating in China. The Trade War has forced China move quicker to implement the reforms that were already it the works. Foreign Firms in the Financial Sector are seeing this a $9 Billion in annual profits market place alone according to Bloomberg.

2


Peter Nguyen
Peter Nguyen
1 day ago
Better take this news and documentary with a pinch of salt! Don't get your hopes too high, private businesses!

2


Robbie Southern
Robbie Southern
1 day ago
Stand up to the new world order the communist order or face western values to perish. The World landscape will never bee the same if or when communism overtakes democracy 🇺🇸🇺🇸

2


Marlo Ferrer
Marlo Ferrer
10 hours ago (edited)
Creating a law and implementing it   not enought let the us build a military base in front of beijing capital with nucklear missile if they break thier rules launch it  so be it

1


Brandon Blake
Brandon Blake
2 hours ago
NEVER trust a communist. EVER.



漢仔
漢仔
18 hours ago
A leader will take responsibility of one's own action.
A successful one will see crisis as an opportunity and strive to solve the problem.
A loser will always blame others for one's woes.
A good for nothing will always cry and whine when things does not go one's way.
What type of personality do u or a country has?

3


LIBERTY for humanity
LIBERTY for humanity
7 hours ago
Zero trust for cancer corrupted communist party leaders



mata、川
mata、川
8 hours ago
Do you think real capitalists will tell you the easiest time to make money?You won't hear the truth until their market stabilizes



Jay A M
Jay A M
3 hours ago
China is essentially a Mafia state.



Tofu
Tofu
12 hours ago
0:20 China a 1st world country?? With only 8,000$ per Capita?? The US's is about 60,000$...!! What's wrong with this guy? And he's an economic adviser??

1


S Smart
S Smart
11 hours ago
Meanwhile, Poor India chosen to close it door to foreign companies..



crikxouba
crikxouba
4 hours ago (edited)
3:56 Yes you said it. It's always a win-win (only!) for Beijing. The CCP does not know how to play fair, they are complete liars and cannot be trusted. The best thing that foreign governments and companies can do is completely leave and isolate China until they are ruled by a government with at least rule of law and freedom of expression.



James Wille
James Wille
1 day ago
With reason.

5


Xia Er
Xia Er
10 hours ago
believe US ? big NOOOOOOOOO!



vector b
vector b
8 hours ago
come on all the company just want the large population of market and make big buck
one get the money, one get the tech ....fair win



Christopher Armstrong
Christopher Armstrong
3 hours ago
Wall Street are the biggest cheerleaders.



Mayank Singh
Mayank Singh
1 day ago
China s openness and fairness

Joke - m i useless now ?

16


回憶就是要美美的
回憶就是要美美的
18 hours ago
justifying Trump's trade war



Prashant Thapliyal
Prashant Thapliyal
6 hours ago (edited)
It doesn't matter. Foreign companies never stopped investing in China or outsourcing to China even when it is blatantly unethical. Economy rules over everything else be it law or fairness.



Peizxcv
Peizxcv
23 hours ago
Something is off with this report. If China’s nominal GDP was $6 trillion in 2010, China already doubled its economy by 2017 as that year’s number is $12.156 trillion.

12


KennSun 123
KennSun 123
11 hours ago
Finna copy technology from other countries



Sayak Das
Sayak Das
11 hours ago
In my opinion, if any company that deserves their intellectual properties stolen, it has to be pharmaceutical company.



Kui Mo
Kui Mo
21 hours ago
Just wait a few month to see and  realize  that you wasted a few month entering China lul

7


Lazergurka - Smerlin
Lazergurka - Smerlin
7 hours ago
I am also skeptical



Ian Ng
Ian Ng
10 hours ago
Openness, but at what pace?



hui sonata
hui sonata
14 hours ago
要么尊重我们的规定，要么滚，给👴爬

2


James B
James B
1 day ago
I think this trade-war will become a norm. As the import tariffs become a permanent set up. Companies and factories have already moved out of China, it is unlikely those businesses will come back unless China bend over 180 deg backwards to please investors to come back.

5


Junko Sama
Junko Sama
10 hours ago
X Doubt



L C
L C
3 hours ago
You are angry that China used to restrict foreign companies.
Now that China remains open, you are skeptical.
Very annoying ，It's a real headache.



Joshua Israel
Joshua Israel
7 hours ago (edited)
This is a lie because China in the past 2 years have been cracking down on foreign businesses, you see more communist propaganda in the streets, creating new protectionist rules everyday, obviously lying...



JAE.ANG.HONGER Moon
JAE.ANG.HONGER Moon
15 hours ago
They are out of vogue. Now India



John Garay
John Garay
3 hours ago
Still better to move our companies into South East Asian countries that are pro-democratic.

1


Justin H
Justin H
1 day ago
Except they require CCP party officials in every company doing business in China

15


first Impression
first Impression
20 minutes ago
All developed countries protect their economies. Billions and billions go to industries and agriculture every year. Of course China will do the same...



Hirad Khakipour
Hirad Khakipour
22 hours ago
2:40 China's GDP is already above 12 Trillion!

13


Liger Dave
Liger Dave
19 hours ago
It’s funny to me that everyone is skeptical when you asked for a protection on ip and they made progress. Don’t ask in the first place if you can’t trust the outcome. Ridiculous how ppl get brainwashed on the ideology of commie. Anyone with adequate education in economics should realize these are simply explained in economics theories. They were meant to happen

1


Comrade Stalin
Comrade Stalin
5 hours ago
What you gonna do about it? Abandon the biggest market? Deal with it if you want the money. China playing the capitalist game better than the biggest capitalists



Juggrouxx
Juggrouxx
23 hours ago
Wait.. So this means that China admits they have been doing IP theft, force tech transfer?

11


Daniel Albuquerque
Daniel Albuquerque
1 day ago (edited)
2:41 When WSJ says that China wants to double its GDP from 2010 until 2020, the WSJ forgot to mention that China has already achieved that target in 2018. At least, one should give accurate info.

66


David Lloyd-Jones
David Lloyd-Jones
10 hours ago
Larry Kudlow -- brought into the White House to make Trump look intelligent by comparison.
Wow! What a triumph of executive search! That was a difficult one to find...