Quoted in Management Today: “What China Wants”

In practice, “dual circulation” seems aimed just as much at opening the door to foreign companies in order to make them dependent on China, increasing Beijing’s leverage over the rest of the world. “China aims to make international companies allies in pushing back against their own governments’ anti-China actions,” says James McGregor, author of One Billion Customers: Lessons From the Front Lines of Doing Business in China and Greater China chairman of consultancy APCO Worldwide.