If the 2008 Summer Olympics was an affirmation of China’s arrival on the global stage, the 2022 Winter Olympics is shaping up as a test of Beijing’s political red lines, the critics determined to cross them, and the corporations that are often caught in between. As much as Beijing wants the Olympics to be a smooth affair, the event will be taking place in a highly charged geopolitical climate. Foreign businesses with China exposure will have to navigate a minefield of contentious issues that could trigger political flare-ups. The following are the key risks on Rhodium’s radar as the Winter Olympics gets underway this week.
