For Companies, Winning in China Now Means Losing Somewhere Else

“We can’t leave China, because China represents in some industries up to 50 percent of global demand and we have intense, deep supply and sales relationships,” said Craig Allen, the president of the US-China Business Council. Companies see China as a foothold to serve Asia, Mr. Allen said, and China’s $17 trillion economy still presents “some of the best growth prospects anywhere.” “Very few companies are leaving China, but all are feeling that it’s risky and that they need to be very careful so as to meet their legal obligations in both markets,” he said.