Trump confronting China on trade risks corporate backlash
American MNCs have more than US$228 billion in China investments at stake in the event of a trade conflict
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Beijing
IF US President-elect Donald Trump delivers on campaign pledges to get tough with China on trade, lining up against him likely will be another powerful adversary: American multinational corporations.
These companies have more than US$228 billion in China investments at stake in the event of a trade conflict between the world's two biggest economies. Their track record of pushing back against Washington on trade indicates they'll back their own interests - and thus China - if enmity erupts.
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