US, EU health care giants jump at opportunities in China during import expo

But for businesses, many opportunities remain at a subnational level, said Matthew Margulies, vice president of China operations for the US-China Business Council. “There’s a lot of tension at the national and central levels … but at the end of the day, it’s governors and mayors that are looking for investment and trade and exports from their states,” he said. “At that level there’s a lot of optimism around the conference.”