How Beijing Courts or Challenges Foreign Companies

Global business rarely takes a linear path. Hopes rise in one meeting, only to sour in the next as trade sanctions or regulatory probes crash into the conversation. Nowhere is this more evident than in the uneasy dance between the United States and China, where official invites to high-level forums can quickly give way to punitive measures against foreign firms. For many American businesses, tapping into China’s colossal market has always been tempting—but in this current climate, the rewards come wrapped in more risk than ever before.