Almost 80 per cent of US companies participating in an annual survey reported that their China revenues had “increased slightly” or were in decline over the past year, as frustrations mount over everything from government investigations to internet censorship.
“[China’s] current economic model is under considerable stress,” Mark Duval, president of the American Chamber of Commerce in China, said at a briefing in Beijing on Wednesday. “Growth rates are easing, costs are rising, margins declining and some investment plans are being scaled back.”
Read Full Article HERE
bljworldwide via CHINA US Focus http://ift.tt/1ovdbEu
No comments:
Post a Comment