More foreign companies came into Beijing’s crosshairs Friday for including regions such as Tibet and Taiwan in a list of independent countries on their Chinese websites, a day after authorities ordered hotel giant Marriott International Inc. to suspend its online operations in the country for a similar offense.
Delta Air Lines Inc., the Zara apparel chain and Irish medical-equipment maker Medtronic PLC all came under fire.
Multinationals operating in China are walking on eggshells.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”