The Rising Influence of Rising Affluence

[DewDiligence]

Re: Multinationals and China /TSLA/YUM

https://www.wsj.com/articles/bitter-alaska-meeting-complicates-already-shaky-u-s-china-ties-11616185669

Foreign-policy specialists said the acrimony shows shifting perceptions that each has about the balance of power between the two nations, increasing the likelihood of miscalculation and conflicts over hot spots like control of critical technologies and China’s claims against Taiwan and Japan and in the South China Sea.

A new target is the U.S. electric-vehicle maker Tesla. China’s government is restricting use of Tesla vehicles by members of the Chinese military and employees in sensitive posts in government and business, citing national-security concerns over data collected by the cars, according to people familiar with the effort.

There seems to be no good way for multinationals to inoculate themselves from this kind of exploitation by China. YUM in 2012 was a case in point (#msg-94705077).