Survey: US firms losing confidence in...

Survey: US firms losing confidence in China business climate

Dec 6, 2017 Read more: SFGate
HONG KONG (AP) - U.S. companies in China are seeing their sales improve but are frustrated by policies and regulatory barriers that block better access to the country's lucrative market, according to a survey released Wednesday. The U.S.-China Business Council's survey showed most companies are enjoying better profitability and expecting higher revenues for their China operations as the economy revives. But restricted market access and uncertainty over Beijing's policies toward foreign companies have left them less optimistic about the business climate than in recent years. The council represents 200 U.S. companies doing business with China. Results from the annual survey were based on responses from more than half its members.

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