US-China economic ties deteriorate as American companies face declining profits and market share in China.

US-China economic ties are deteriorating as American companies face declining profits and market share in China, with brands like Starbucks, Apple, and Nike struggling against local competition. The slowdown in the Chinese economy and rising national security concerns are shifting US perceptions of China from a growth opportunity to a threat. Foreign investment in China has dropped to a 30-year low, complicating business operations for US firms amid an increasingly antagonistic political climate.

September 22, 2024
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