If you have paid attention to some international corporate news, you may know that recently the Chinese government is conducting multiple antitrust investigation on some famous foreign companies who are doing business in China.
Qualcomm (NASDAQ: QCOM) has been determined by the regulator – the China National Development and Reform Commission (NDRC), to has monopoly activities and is facing a fine of 7-billion RMB (approx. 1.13-billion USD). And, it has been said that Microsoft China is also under a separate investigation recently.
The same thing happens on automobile industry too...Read More