US companies operating in China are being hurt by the country’s economic slowdown — but their biggest concern is “inconsistent regulatory interpretation and unclear laws”, according to results of a survey released yesterday.
More than a third of the 500 companies featured in the American Chamber of Commerce in China’s annual China Business Climate Survey reported flat or negative revenues last year — the highest proportion in the past five years.
But despite the decline, it is inconsistent regulatory interpretation and unclear laws that were cited most frequently as the biggest challenge to doing business in China, a concern that has not topped the list before.
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