foreign businesses

“Good Morning, Class! I Am Not a Spy.”

A photo of an American teacher introducing himself to a Chinese university class with a slide presentation proclaiming, “I am not a spy” has gone viral, eliciting much mirth online. It also highlights an increasingly tense...

EU Unveils Plan to Ban Products Made With Forced Labor

On Wednesday, the European Commission officially released its proposal for banning products made with forced labor from entering EU markets. While the proposed regulation does not single out a specific country, it is widely seen...

Yahoo, Fortnite Leave China

Yahoo has withdrawn from China, making it the latest in a host of foreign companies that have abandoned the country. Yahoo attributed its decision to the “increasingly challenging business and legal environment” in China....

World Bank Business Ranking Manipulated in China’s Favor

An independent investigation released by the law firm WilmerHale on September 16 found that high ranking staff members at the World Bank rigged data in the 2018 and 2020 editions of its flagship “Doing Business” report in order...

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