07/19/2010 06:29 pm ET Updated May 25, 2011

US Companies Rethink China Ambitions

A couple of weeks ago, Jeffrey Immelt, the chief executive of General Electric, complained indignantly about China's current and bitter hostility toward multinational corporations. According to the Financial Times, Immelt groused at a private dinner in Rome that the Chinese government was becoming ever more protectionist. "I am not sure that in the end, they want any of us to win, or any of us to be successful," he said.

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