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...
Around 40 % of US firms expect a fall in revenue from their Chinese operations , with 20 % reportedly planning to reduce staff ##ing this year , according to a new report by the US - China Business Council . It is suggested that 15 % of companies are reducing or ceasing investment in China while 10 % reported reduced investment in their Chinese operations , with stagnating domestic market growth in China , costs , rising competition , and an unstable political and regulatory environment , cited as key factors .