A fraying system

This is tricky for firms eager to sell in China. Export controls appear to have become a bit more predictable under the Biden administration, but Craig Allen of the us-China Business Council (uscbc) still concludes that “it’s becoming very, very difficult for American companies to figure out who they can do business with in China.” Scott Kennedy, also from the csis, blames the conflict for the Chinese expanding their own techno-nationalist approach. A survey of uscbc members found that 39% thought that American-Chinese trade frictions had accelerated preferential support for China’s private and state-owned enterprises.