On Saturday, Investor Kevin O'Leary warned that American companies face unfair business conditions in China as trade and geopolitical tensions between the two countries continue to rise.
O'Leary Warns On China Trade Risks In a post on X, O'Leary acknowledged that China remains too important for global companies to ignore because it is "the second largest market in the world." However, he argued that many Western firms believe the business environment in China is fundamentally unfair.
"The problem is they don't play by the same rules," O'Leary wrote.
He claimed companies have spent years dealing with "intellectual property theft, uneven legal systems, and an environment where American businesses don't get the same protections or leverage Chinese companies receive." O'Leary said the debate surrounding China has shifted beyond economics and into national strategy.
"That's the real dilemma, how do you do business with a market that many now see not as a partner, but as a strategic competitor?" he said.
