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August 31, 2005
U.S. Companies in China: Making Money and Seeking to Expand
As it has done since 2001, the U.S.-China Business Council, of which we’re a member, surveyed its membership on business results, strategies, and opinions regarding China. Some interesting findings include:
--Almost three-fourths of those surveyed view China as their company’s top global priority or within the top five priorities globally.
--Over half of the companies responding report growing China revenues.
--54% say profitability of the China operations exceeds that of their profitability globally.
--94% of respondents are either optimistic or somewhat optimistic about five year prospects for their China operations.
--The top five problem issues cited by companies surveyed were inadequate intellectual property rights (IPR) enforcement, incomplete realization of distribution rights, insufficient regulatory transparency, human resource challenges, and remaining barriers to market access in service sectors.
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