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USCBC 2013 China Business Environment Survey Results

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USCBC 2013 China Business Environment Survey Results

Tempered Optimism Continues amid Moderating Growth, Rising Costs, and Persistent Market Barriers

USCBC,

5 min read
5 take-aways
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What's inside?

Doing business in China is losing some of its luster, according to American corporations.

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Editorial Rating

8

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  • Innovative

Recommendation

The US-China Business Council’s 2013 survey of its members’ perceptions of China as a corporate base shows that China has lost some of its allure of late. Though the Chinese market is still appealing, slower growth and rising costs are worrying, and discrimination against foreign firms provides a constant irritation. getAbstract suggests this comprehensive survey to executives seeking a pragmatic view of market conditions for foreign business in China.

Summary

According to the US-China Business Council’s annual survey, in 2013, corporate America viewed China with “tempered optimism” in the face of the country’s slower growth and mounting costs. While China remains an important market, US companies are increasingly frustrated with Chinese discrimination against foreign businesses. This perception emerges as a common theme among the 10 critical issues US firms report encountering in China:

  1. “Cost increases” – The main concern for US businesses operating in China is escalating costs. In particular, labor costs have climbed, leading some firms to question whether China continues to be “world competitive.”

About the Author

The US-China Business Council provides information and advocacy for its 220 member companies.

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