Quoted in Bloomberg: “Biden’s Sharp-Elbows China Policy Hints at More Trump-Style Pain”

“America’s leading companies must be in the China market and have access to Chinese innovation in order to maintain global leadership,” said Jim McGregor, China chairman of APCO worldwide. “They can’t be forced into a choice between the U.S. or China. They may have to create structural workarounds with spin-offs or stock listings that provide some separation between U.S. and China operations if things get really dire.”