News Snapshot:
China fell slightly in strategic priority for American companies over the past year as deteriorating relations between the countries continued to weigh heavily on executives, according to the annual US-China Business Council (USCBC) member survey released on Thursday. While China remained among top priorities for US companies, it has become a little less important. As many as 74 per cent of the companies executives surveyed considered China as top or among top five priorities, while that number was as high as 94 per cent a decade ago. Executives said the dip in priority was the result of the worsening bilateral...
