Andrew Cainey is a senior associate fellow with the Royal United Services Institute, a defense and security think tank based in London, and co-author of the new book, "Xiconomics: What China's Dual Circulation Strategy Means for Global Business."
Opinion
Foreign companies are not all rushing back to China
Multinationals reassess whether local production and sales are still worthwhile
A Starbucks outlet in Beijing in January 2022: Localization has become more important than ever. © Reuters
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