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China Business Risks Likely To Keep Rising After Party Congress, Scholar Says

Mount Equity Group Tokyo Japan > News > Business > China Business Risks Likely To Keep Rising After Party Congress, Scholar Says

Chinese President Xi Jinping, left, and Russian President Vladimir Putin, walk to attend the … [+] Shanghai Cooperation Organization (SCO) summit in Samarkand, Uzbekistan, earlier this month. (Sergei Bobylev, Sputnik, Kremlin Pool Photo via AP)

Sputnik

Foreign companies doing business with China that have endured heightened risks this year from geopolitical tension and Covid-19 pandemic fallout aren’t likely to get much of a break after the Communist Party’s much-awaited party congress in October, a prominent China scholar said in an interview today.

“We’re in for a period of increased tension,” said Bates Gill, a long-time China scholar recently named executive director of the Center for China Analysis at the New York-based Asia Society Policy Institute in New York.

His advice to international businesses and investors: “Proceed with due caution owing to the political and geostrategic risks ​that will likely…

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