Chinese companies still keen on U.S. but face higher hurdles

Geopolitical tensions add to headaches for would-be investors

20230523 Select USA China

China had the third-largest delegation, at 80 members, at the SelectUSA 2023 conference in Washington. (Source photos by Reuters and AP)

MARRIAN ZHOU, Nikkei staff writer

WASHINGTON -- When Pin Ni arrived in Washington, he mentioned to his taxi driver how cold it felt. The driver told him that it wasn't the temperature, but the wind that made it feel so chilly.

Ni, president of Wanxiang America and vice chair of the China General Chamber of Commerce (CGCC) U.S.A., drew a parallel between the blustery weather in the U.S. capital and worsening Washington-Beijing relations.

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