BEIJING - As the world's second-largest fashion brand H&M continues to be conspicuously missing from Chinese e-commerce platforms, executives at multinational companies have fretted in private about who might come into Beijing's crosshairs next, while hoping the storm would soon pass.
Foreign companies operating in China have always known it is a delicate dance between profit and principle to maintain access to the world's second-largest economy.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
