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. One in five companies reported being asked to transfer their technology to China. Tech transfers have caught the attention of U.S. President Donald Trump, who has accused China of abusive practices.
Source: National Post December 06, 2017 11:03 UTC