China’s strategy to attract foreign investment: Hold executives hostage

News Snapshot:

The Chinese economy faces major headwinds. China's economy is struggling with a huge debt crisis in its critical property markets, declining productivity growth, high youth unemployment rates, and falling foreign investment. Making matters worse, China's population is aging, and its birth rates are grossly inadequate to relieve the coming economic pressure. The good old days of relying on massive low-cost exports are also over, thanks to rising wage pressures. CHINA UNVEILS ITS VISION FOR A NEW WORLD ORDER Nevertheless, China's most significant economic challenge is the tension between a need for growth and the Chinese Communist Party's need for control....