China drops in priority for US companies due to rocky relations, survey says

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 percent of the companies executives surveyed considered China as top or among top five priorities, while that number…