Commentary International companies often encounter various traps when investing in China, and many have suffered from a total loss of personnel and money. Yu Youjun, the former executive vice-governor of Hunan Province, described the phenomenon of Chinese officials attracting foreign investors into China. Yu was quoted as saying, “You are the boss, he’ll do whatever you say like a subordinate before you invest in China. He is your true companion when you need a friend while you visit China. He is your worst nightmare after your money is in China.” Yu’s quote accurately reflects the true state of foreign investment in the communist regime. My years of experience and observation of the Chinese market and its atmosphere have taught me a few things. The following are the 10 traps the regime uses to encircle foreign investors. Setting Up Communist Party Branches in Private Entities In November 2018, the Chinese Communist …
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