One-fifth say they plan to cut staffing resources for their Chinese operations. 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.
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.