Eighty-nine percent of US-China Business Council (USCBC) member companies view rising costs as a top concern in the China market, according to USCBC’s 2017 Member Survey. Costs have been a top concern for China operations for more than a decade.
Labor is the top cost for companies
The leading cost concern for American companies in China is human resources. Wages continue to increase significantly year to year:
Seventy-three percent of...