Economic war and the humbling of multinationals in China

Claims that Western companies are acting like monopolies in China are bunk. They are simply doing what all businesses do: charging whatever price the market bears.

Lowy Interpreter

'I really worry about China. I am not sure that in the end they want any of us to win', confided GE boss Jeff Immelt to a group of fellow multinational business-people dining in Shanghai in 2010.

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