The Other Negotiating Table: How Chinese Regional Governments Hold Cards Most US Companies Never See
Most US companies walk into China negotiations focused on price, delivery, and contract terms — but the real leverage often sits with provincial and municipal officials who can reshape a deal through land grants, tax relief, or quiet regulatory pressure. Understanding how China's fragmented local power structure operates is no longer optional for serious investors. This piece examines how sophisticated US businesses are learning to read — and work with — the bureaucratic layer that factory owner