Foreign investors must adapt
China Daily | Updated: 2016-01-25 07:47
The sense of anxiety among foreign companies in China is fairly understandable given the slowdown of the Chinese economy.
As headwinds from its slower growth have forced many domestic enterprises into an increasingly tight corner, it is natural that more and more multinational companies have also felt the pinch.
According to the Business Climate Survey recently released by the American Chamber of Commerce in China, 45 percent of respondents reported flat or declining revenues last year, with only 64 percent saying their China businesses were profitable - the lowest proportion in five years.
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