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... nstructions from their headquarters to settle for a private settlement with CCTV immediately.


China is a massive emerging market and has high potential. The companies must not give up this vast market. Many companies felt the Chinese market would grow bigger, and this is a critical market for them.


How can they withdraw from the market they spent years opening up? Threatening to withdraw from China is only a bluff.


China has always given in to such threats in the pa ...

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