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Multinationals Are Rethinking How They Lobby Xi's China

  • Companies focus on party relations instead of government ties
  • Moves to bolster party a shift from reforms taken in 1980s
Bloomberg business news

China Reduces Growth Forecast: What Does It Signal?

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Multinational companies have spent decades mastering the art of government relations in China. Now, as President Xi Jinping extends the Communist Party’s reach over policy making, they are starting to shift course.

The Conference Board, whose 1,200 members include Nestle SA and Wal-Mart Stores Inc., is among those exploring how multinationals influence policy, including their greater focus on party organs. The research group expects to publish in May the results of a study on the “changing dynamic of party-state relations” to help foreign companies navigate the country’s vast and often secretive political superstructure.