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Fast-food chains are the exception as U.S. companies pull back from China – Los Angeles Times

Fast-food chains are the exception as U.S. companies pull back from China – Los Angeles Times

There’s been no shortage of tough news for China’s economy as some of the world’s biggest brands consider or take action to shift manufacturing to friendlier shores at a time of unease about security controls, protectionism and wobbly relations between Beijing and Washington.Count Adidas, Apple and Samsung among those looking elsewhere. But as a tumultuous 2023 for the Chinese economy comes to a close, there has been at least one bright spot for Beijing when it comes to foreign investment:… 

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