US companies with China operations look to the Asian giant for growth

Matt Margulies, vice president for China Operations at the US-China Business Council, said in an interview earlier this month that many members have had “quite good growth in the third quarter,” which likely re-emphasizes the importance of China for the overall company. “At least the companies that I engage with, I don’t think their view or preference for China really ever waned that significantly,” he said. “A lot of American companies are really in China to sell to China because that’s where their market is. Very few of them are there to export to the US.”