It’s Getting Riskier to Do Business in China

Western companies may find their capital and people trapped if Beijing starts a war over Taiwan.

Journal Editorial Report: Paul Gigot interviews Congressman Mike Gallagher. Images: Zuma Press Composite: Mark Kelly

Foreign executives who visit China lately are getting the royal treatment. A photo of Tim Cook shaking hands with customers at a Beijing Apple store went viral on Weibo in March. Chinese social-media users showered Tesla CEO Elon Musk with compliments during his trip to the country last month. In his first post-pandemic visit to China, JPMorgan CEO Jamie Dimon took center stage at the bank’s Global China summit in Shanghai. And last week Bill Gates met Xi Jinping in person.

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