Survey: US firms losing confidence in China business climate

By  | 
View Map

HONG KONG (AP) -- A survey finds that U.S. companies in China are seeing their sales improve but are frustrated by policies and regulatory barriers that block better access to the country's lucrative market.

The U.S.-China Business Council's survey released Wednesday showed most companies are enjoying better profitability and expecting higher revenues for their China operations as the economy revives.

But restricted market access and uncertainty over Beijing's policies toward foreign companies made them less optimistic about the business climate than in recent years.

The council represents 200 U.S. companies doing business with China. Results from the annual survey were based on responses from more than half its members.

The group said challenges facing companies include fierce competition from Chinese rivals, technology transfer requests and strict cyber regulations.



 
The comment sections of our web set are designed for thoughtful, intelligent conversation and debate. We want to hear from the viewers but we are not obligated to post comments we feel inappropriate or violate our guidelines. Here are some of the criteria you should follow when posting comments:

Comments cannot be profane or vulgar. Children and families visit this site. We will delete comments that use profanity or cross the lines of good taste.

We will delete all comments using hate speech. Slurs, stereotypes and violent talk aren’t welcome on our web site.

Comments should not attack other readers personally.

We will delete comments we deem offensive, in bad taste, or out of bounds. We are not obligated to post comments that are rude or insensitive.

We do not edit user-submitted comments.

As a host WEAU 13 News welcomes a wide spectrum of opinions. However, we have a responsibility to all our readers to try to keep our comment section fair and decent. For that reason WEAU 13 News reserves the right to not post or to remove any comment.
powered by Disqus