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Beijing's Retaliation Plan Could Hit Hard!

US companies in China, watch out! Beijing might retaliate by squeezing firms like Calvin Klein and Tommy Hilfiger, already under scrutiny for Xinjiang-related issues.

 

Forget dramatic moves like dumping US Treasury bonds or devaluing the yuan. Analysts say China prefers targeted actions that won't backfire on itself.

November 23, 2024

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