Rising risks in China hurting foreign businesses 5 things that have made trade difficult

Source: firstpost.com firstpost.com

Key Topics in this News Article:

News Snapshot:

Foreign businesses, out of concern about the rising uncertainty they face while operating in China, are diverting more resources towards risk management Foreign businesses in China are seeing their efficiency and innovation hampered, and their operating costs increasing. The complexity and severity of the risks that they face in the world’s second-largest economy are pushing as European and American companies to inflate their budgets for risk assessment and compliance efforts. Their resources are being diverted away from developing better products and services, a recent report by the European Union Chamber of Commerce in China revealed. Advertisement Here’s a look at...