Legal constraints in navigating US-China tussle
Singapore
RISING costs of labour, raw materials, land and other factors of production may be the primary considerations for multinationals moving out of China, but the US-China tensions have also had a significant effect. Businesses caught in the the tussle between these two economic giants need to do all they can to mitigate risks as they seek survival.
Lim Tai Wei, adjunct senior research fellow at the NUS East Asian Institute, pointed out that the impact of the US-China conflict comes not only in the form of tariffs, but also in other less obvious forms such as legal constraints.
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