China not being open to multinationals is a common narrative on HN and not supported by the data. In fact in consumer goods, foreign companies have more market

China not being open to multinationals is a common narrative on HN and not supported by the data. In fact in consumer goods, foreign companies have more market share in China (40%) than the US (26%). https://www.mckinsey.com/~/media/mckinsey/featured%20insights/china/china%20and%20the%20world%20inside%20the%20dynamics%20of%20a%20changing%20relationship/mgi-china-and-the-world-full-report-june-2019-vf.ashx https://www.mckinsey.com/~/media/mckinsey/featured%20insight...