News Analysis Foreign firms are finding it harder to operate in China due to factors such as product boycotts, visa hurdles, government patronage of state-owned enterprises (SOEs), and arbitrary legislative changes. “Many foreign companies have been denounced by Chinese netizens … H&M, Nike and others are now suffering heavy losses to their reputations in the Chinese market,” wrote state-run media Global Times, in support of Chinese citizens’ boycotts against foreign companies that fail to toe the Chinese Communist Party (CCP) line. Foreign brands suffer as China turns inward. China’s borders have been effectively closed since March 2020. Visitors need special government approval and must quarantine for as long as 28 days. Multinationals have been unable to send senior managers or engineers into the country, while employee rotations and replacements are largely on hold. Strict COVID-19 rules, which make it difficult for foreigners to enter China, have caused sales to decrease …