China cracks down on foreign business

As China moves from manufacturer to consumer, foreign firms are coming into direct competition with domestic players. Plenty of evidence suggests they're getting treated unfairly.

The view from the trenches at that moment among the foreign business community is that doing business in China has become more difficult, not less. The most recent European Union Chamber of Commerce in China ‘Business confidence survey’ (June 2013) showed 53 per cent of respondents citing market access barriers as being a significant challenge to their future business in China, while 47 per cent cited discretionary enforcement of regulations. In the same survey, 30 per cent of respondents said that the regulatory environment has increasingly discriminated against foreign investors or is generally much less fair now than it was two years ago.

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