Thursday 28 February 2013

U.S. firms in China set for greater competition ahead: survey

SHANGHAI (Reuters) - Profitability and sales are harder to come by in China as U.S. firms face increasing competition from domestic and foreign players, said a U.S. business group survey on Thursday. An annual survey by the American Chamber of Commerce in Shanghai showed a majority of firms believed that competition had intensified, while the number who said they were profitable in 2012 dropped to 73 percent from 78 percent in 2011. ... via Health News Headlines - Yahoo! News Read More Here..

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