"If I were worried about one single element of doing business in China today, it wouldn’t be inflation. Nor would it be the rising costs of exports due to the rapid appreciation of the yuan. The cost of labor going up would not be my main concern either. No, all of these issue seem unpleasant yet manageable, in one way or another, even if difficult. So what then pray tell would it be? Definitely it would be rising Chinese nationalism."
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