Alexa
  • Directory of Taiwan

US firms doing well in China but worry on future

US firms doing well in China but worry on future

A U.S. business group says American companies are planning to expand operations in China but remain deeply concerned over the regulatory environment for foreign businesses.
An annual survey released Tuesday by the American Chamber of Commerce showed that U.S. companies have performed well in the past year, returning to pre-financial crisis levels of profitability. The vast majority _ 83 percent of respondents _ are planning to increase their investment and expand operations in China.
At the same time, the report says businesses expressed major concerns with bureaucracy and regulatory uncertainties in China, and increased pessimism that economic reforms can improve the working climate.


Updated : 2021-06-13 23:11 GMT+08:00