Tuesday, January 23, 2018

WORLD_ As U.S. Fires Trade Shot at Beijing, Marriott and Other Multinationals Caught in Crossfire

THE WALL STREET JOURNAL

WORLD - ASIA - CHINA'S WORLD

As U.S. Fires Trade Shot at Beijing, Marriott and Other Multinationals Caught in Crossfire

Foreign companies, already reeling from China’s wrath, face grim prospect of trade war

By Andrew Browne

Jan. 23, 2018 5:33 a.m. ET

SHANGHAI—Judged by recent standards, Marriott International Inc.’s corporate apology in China was particularly abject.

The hotel chain had implied in a marketing survey that Taiwan is a separate country, along with Hong Kong, Macau and Tibet. Though not altogether inaccurate—Taiwan has most attributes of statehood, including fixed borders, an army to defend those borders and a smoothly functioning democracy—it is heresy to say so. Beijing was incensed. Marriott kowtowed. ...

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READ MORE: https://www.wsj.com/articles/as-u-s-fires-trade-shot-at-beijing-marriott-and-other-multinationals-caught-in-crossfire-1516703585


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