When nations become strong and their companies begin to spread business to other countries, interests are bound to either collide or come together.
For decades, it was the turn of the Western multinationals to face political wrath in faraway countries. Remember India threw out Coca Cola and IBM? Now it is the turn of Chinese and Indian companies to battle complex politics in markets they either don’t know at all or don’t understand well.
Chinese telecom companies have been under tremendous pressure not only in the United States, but in other countries too. India woke to its own shock last week when the tiny, neighbouring Maldives decided to scrap a $500 million airport deal with an Indian firm. The degree of indignation over the development was surprising.
Read Here – Businessworld