BANGKOK (AP) — Chinese officials warned a delegation of top U.S. executives visiting Beijing this week that higher tariffs on imports from China will harm...
BANGKOK — Chinese officials warned a delegation of top U.S. executives visiting Beijing this week that higher tariffs on imports from China will harm their businesses inside the country.
Among others attending the meeting were Craig Allen, president of the council; Brendan Nelson, president of Boeing Global, Amit Sevak, president and CEO of Educational Testing Service, and Roberta Lipson, CEO of healthcare company Chindex International, which operates private hospitals in China and Mongolia.
That included broad pledges to foster a “first-rate business environment,” remove market restrictions and promote trade. But the leaders also vowed to expand the party's role in business and to strengthen safeguards for national security. “Companies don’t want to endanger China’s national security, but they need to know if they’re making an investment, who they’re investing with,” Stein said. So “without the ability to collect that information, not knowing if it’s not going to run afoul of China’s state secrets laws is a real problem.”FRANKFURT, Germany, July 24, 2024--Responding to an economic downturn, German enterprises have adjusted their cloud strategies to place increased focus on cost optimization, ISG says.
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