US firms in China upbeat on prospects


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Chinese and US flags flutter outside the building of an American company in Beijing, Jan 21, 2021. (Photo: Agencies) Companies confident about future of fast-growing market, says survey US companies in China remain profitable and optimistic about their growth prospects in one of the world's fastest-growing markets, despite trade tensions and the pandemic, according to a survey released in Washington on Thursday. The survey conducted by the US-China Business Council in June among 107 US firms operating in China-almost half of all its members-found that 95 percent of the respondents said they made a profit last year, up from 91...