US businesses to lower 2015 China reinvestments
By Li Wenfang in Guangzhou and Zhong Nan in Beijing | China Daily | Updated: 2015-03-03 07:51
Members of the American Chamber of Commerce in South China have reduced their reinvestment budgets for this year by 9.3 percent.
Based on an annual survey by the chamber, the members cite concerns about regulatory changes, protectionist policies, transparency and unequal treatment.
The survey found that reinvestment budgets for the coming three years dropped by 16.9 percent. This suggests "increased uncertainty in the medium term", although the companies view the Chinese market's growth trends as highly positive, according to the survey, released on Monday.
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