China
The US-China Business Council’s (USCBC) 2007 Member Priorities Survey reflects a mood of optimism. Eighty-three percent of the respondents stated that their operations in China were profitable and two-thirds said that the profitability rate of their Chinese operations is equal to or higher than their companies’ global rate. Ninety-two percent of respondents expect sales increases to continue in 2007, up from 80% last year, and 93% expect positive medium-term futures for their Chinese operations. Ninety-six percent of respondents stated that they were in China to access or serve the Chinese market. Sixty-eight percent of respondents plan to increase resources—including expenditures and staffing—in China during 2008, 30% plan to maintain resources and only 2% will cut resources. Among the greatest worries for respondents are the difficulty in obtaining administrative licenses and business approvals, the future development of intellectual property rights enforcement and a growing trend towards economic protectionism in China and the US.
Source: USCBC