Despite new obstacles, growth in China remains robust, and US companies are dedicated to the China market—that was a clear message from the US-China Business Council (USCBC) 2015 China Operations Conference, held in Shanghai on October 22. With new challenges such as tightened profit margins, higher labor and management costs, and limited market access in some areas, companies are adapting their strategies to capture China’s continuing growth, according to experts that shared their...
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