American Firms

Xi Jinping’s Retaliation: American Firms in China Suffer

In 2024, U.S.- China tensions got worse. New trade rules, tech bans, and political moves made things shaky. China didn’t stay quiet. President Xi Jinping pushed back. His message was clear: China can fight back too. Now, some big American companies are feeling the heat. Boeing lost plane orders. Apple is facing new local rivals….