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Elevated US-China tensions greatest cause of challenges for American companies in China, US-China Business Council says

( August 5, 2021, 19:47 GMT | Official Statement) -- MLex Summary: Rising tensions between the US and China are the cause for the most prominent challenges faced by American businesses in China, according to the US-China Business Council 2021 Member Survey. Businesses continue to see the Chinese market as vital, the survey states, but they believe that protectionist policies are making competition in the Chinese market increasingly uneven, and there is reduced optimism about the future prospects of US companies in China. Statement and documents follow below:...

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