James McGregor, the former head of AmCham in Beijing and now the China CEO for APCO Worldwide, the consulting firm, says he’s been shocked at how slow on the uptake many U.S. companies have been about what the trajectory in China is, and has been. He notes, “In industry after industry there is a smaller and smaller piece of the pie available to a lot of foreign firms. That’s just a fact.”
https://www.newsweek.com/how-americas-biggest-companies-made-china-great-again-1445325