Corporate America fights uphill battle against anti-China push
U.S. corporate giants are scrambling to beat back anti-China sentiment in Congress and the Biden administration, aiming to avert crackdowns that would hurt their ability to do business in the world’s second-largest economy. Since the spring, lobbying groups including the Chamber of Commerce, the U.S.-China Business Council and the National Retail Federation have been campaigning against congressional and White House moves to toughen trade and finance rules in response to China’s human rights abuses.
