US Companies Not Heading for the Exits in China

To the surprise of almost no one who really knows the multinational business scene in China, American companies overwhelmingly are staying put despite the tariffs and trade war. This information comes courtesy of a survey just released by the US-China Business Council. It shows that 87 percent of US firms have no plan to exit China despite President Trump's recent (and toothless) edict that they get out. The council represents some 200 American companies doing business on the ground across mainland China. As much as any organization, the USCBC has its finger on the pulse of commercial sentiment among foreigners in the Middle Kingdom.