BEIJING – An American business group warned Tuesday that government-instigated consumer boycotts of foreign shoe, clothing and other brands in China are making companies less willing to invest.
That is adding to anxiety over Beijing’s plan for a list of “unreliable entities” that might be punished for actions deemed to run counter to Chinese interests, the American Chamber of Commerce in China said in an annual report on business conditions.
The report reflects growing unease among American and other foreign companies about the impact of economic and strategic tensions between Beijing and their home countries.
Brands including Swedish retailer H&M, Adidas and Nike have been targeted by demands online for consumer boycotts. That came after