Word: foreign
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...past three decades, since China's opening to the outside world, foreign companies have tried to check politics at the door before stepping into the world's most populous nation. That was the price of doing business - it's what the Chinese government required - and most have been willing to pay it. But Google's rebellion, which includes openly soliciting the U.S. government's support in the fight for Internet freedom in China, has revealed a basic truth that was never far from the surface: big companies in China are welcome as long as they serve the interests...
...already politicized to an extent rarely seen before. A fight between Washington and Beijing over the value of China's renminbi is part of that. So too are the noises China is making about requiring all government purchases to be from companies that "innovate" in China - a proposal that foreign high-tech companies fear is a way to cut them out of deals. At a moment when Beijing is increasingly confident of its own economic stewardship, these squabbles have the potential to intensify, further poisoning commercial relations...
...Anglo-Australian mining giant Rio Tinto, for which China is now the largest market. On the same day that Google switched off its Chinese filters, four of Albanese's employees went on trial in Shanghai on corruption charges. If he still believed (as many in the foreign business community did when the four were arrested in 2009) that the trial was retribution for a soured deal with Chinalco, China's huge state-owned aluminum producer, he wasn't showing it. He wasn't even in Shanghai but in Beijing, making an extremely conciliatory speech at the China Development Forum...
...they toured campsites outside the Presidential Palace, Haitian citizens and foreign and local journalists swarmed the formers heads of state while Secret Service agents and Haitian police attempted to create a perimeter. In the midst of the frenzy, Clinton looked around and asked, "Where's President Préval?" (See an aerial view of the destruction in Haiti...
Clinton said foreign investors, specifically from South Korea and Brazil, have already shown interest in establishing garment factories in Haiti if there are changes made to the HOPE (Hemispheric Opportunity through Partnership Encouragement) Act, which allows Haiti to export textiles tariff-free to the U.S. "I think it will create more than 100,000 jobs in Haiti in short order," said Clinton...