Monday, September 10, 2018
China’s most celebrated entrepreneur has decided to focus on pursuits outside of the business he built. Coincidentally, China’s government is making life harder for entrepreneurs and struggling to resolve a trade dispute with the United States.
The latest bad news for Beijing from the treasured U.S. market is that President Donald Trump seems intent not just on negotiating better trade terms but also on driving manufacturing out of China. That’s the message in a recent Trump tweet urging Apple to assemble its products in America.
Now along comes an announcement from the star of the Chinese business community—a man whose company doesn’t export much to the U.S. but does benefit from limits placed on potential foreign competitors operating in China.