Bloomberg Businessweek

Choosing Sides In Davos

The U.S. and China are pulling multinational companies and other countries in different directions

The rivalry between the U.S. and China is complicating the lives of companies and countries that would prefer to stay on the good side of both superpowers. Those caught in the crossfire range from U.S. airlines, which were threatened last year if they didn’t indicate on their websites that Taiwan is part of China, to Canada, which ran afoul of the Chinese when it detained a prominent Chinese tech executive at the Americans’ request.

The tensions are likely to be palpable at the

You're reading a preview, sign up to read more.

More from Bloomberg Businessweek

Bloomberg Businessweek5 min read
The Art World Is In Crisis
Most art world squabbles never make it past the echoes of white-walled galleries, but a recent series of scandals and protests have spilled into the mainstream, plunging some of the world’s greatest museums into a crisis that hasn’t been seen since t
Bloomberg Businessweek3 min read
In Brief
• The U.S. fiscal deficit grew to almost $867b for the first 10 months of the fiscal year, exceeding the figure for all of last year. Republican tax cuts, increased federal spending, and an aging population have contributed to the strain. • Argentin
Bloomberg Businessweek4 min read
So Far, the Techlash Has Only Made Facebook Stronger
When Facebook Inc. agreed to settle a privacy complaint with the U.S. Federal Trade Commission for $5 billion last month, both parties acted like the news was a big deal. The FTC noted it was a record federal penalty, while the company released a vid