U.S. companies in China say revenue and profits fell last year as the economy slowed and they faced more difficult government regulation, a business group reported Thursday.
The report by the American Chamber of Commerce in Shanghai added to complaints that Beijing might be trying to shield Chinese companies from foreign rivals in possible violation of market-opening pledges.
U.S. companies that responded to an annual survey said their performance declined for a second year, though many said they were profitable and expect to grow this year. The number that said they were profitable declined to 73 percent from 2011′s 78 percent.
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Associated Press via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/Jq8qtDW6nZs/
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