American companies are feeling the slowdown in China. A new survey from the US-China Business Council, a nonprofit group whose members do business with China, found that 17% of firms expect falling revenue in their China operations this year. One-fifth say they plan to cut staffing resources for their Chinese operations. The council’s survey of 119 firms found that nearly three-quarters have an optimistic or somewhat...
20% of China firms expect a fall in revenue from their Chinese businesses, with 20% reportedly planning to reduce staff resources this year , according to a new survey by the US-China Business Council . It is suggested that 15% of companies are reducing or ceasing investment in US while Around 17% reported reduced profitability in their Chinese operations, with stagnating domestic market growth in China , costs, rising competition, and an unstable political and regulatory environment, cited as key concerns.