Survey: US companies in China feel 'less welcome'
BEIJING - U.S. companies feel less welcome in China and some are shifting operations to other countries, a business group reported Wednesday, amid rising tension between President-elect Donald Trump and Beijing over trade.
The report by the American Chamber of Commerce in China reflects frustration among companies that see China as a key market but face growing efforts to block access to technology and other promising industries.
It comes ahead of the Friday inauguration of Trump, who has promised to raise tariffs on Chinese goods and declare Beijing a currency manipulator, moving toward imposing sanctions.
Communist leaders have promised to make China's state-dominated economy more productive by opening more industries to private and foreign competitors. Business groups say such initiatives have had little impact.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Rouzan development purchased, construction to start immediately
Free clinic continues this weekend
Funeral services for fireman killed in the line of duty announced
Couple sentenced in 2015 vigilante justice murder case
Man sneaks into local restaurant, robs employees & customers at gunpoint