Legendary Wumao will be given financial sanctuary and a copy of Xi Jinping Thoughts during these tumultuous times.But this weekend, former secretary of state Henry Kissinger, investor Ray Dalio and American business chiefs including Jon Moeller of Procter & Gamble will head to Beijing for what has been billed as an opening-up party after three years of a strict zero-Covid policy.
I know right, money has that effect on people sometimes. Maybe you should make some instead of being so heavily in debt?“They’re making so much money off their investments, their factories and their engagement there now that they lobby here for free on China’s behalf,” Florida senator Marco Rubio said this month of US businesses and individuals operating in China.
That's weasel word for they don't want the U.S. government to mess with their businesses in China.“I don’t think the Americans are going to sit it out, but they’re probably going to do whatever they can to stay in the background and out of the limelight,” said Francis Bassolino, managing partner at Alaris Consultancy in Shanghai.
The making of another legendary Wumao. Post good things about SeeSeePee on Twitter and Xinnie the Pooh will open an account for you at the Hundred Acre Woods.Seifi Ghasemi, chief executive of Air Products & Chemicals, told Wall Street in February that “the political situation” was not affecting its operations or Chinese customers’ acceptance of its products. Colgate-Palmolive in February told analysts that its market share growth in China was “a beautiful story”, while Illinois Tool Works said last year its China revenue exceeded $1bn for the first time. “We feel very good about China,” it said.
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