Honeywell was a pioneer in a localization approach that has since become something of a template for a number of other multinationals doing business in China, according to James McGregor, the head of consulting firm APCO Worldwide’s China business….
It is becoming harder for multinationals to avoid controversy. “What looks good in China may look bad in the U.S. It’s a minefield,” said APCO’s Mr. McGregor.
“There’s one bipartisan issue in Washington right now, and only one,” he added. “The idea that China’s a bad actor.”