U.S. Companies Concerned About China Enforcement, Survey Says
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Most U.S. companies surveyed by an industry group expressed concern over China’s increased antitrust scrutiny, adding to signs foreign business sentiment in the world’s second-largest economy is deteriorating.
Eighty-six percent of companies expressed concerns, with most citing enforcement as the main worry, according to the U.S.-China Business Council’s 2014 member survey. The Washington-based group represents about 220 American companies that do business in China, including Apple Inc., Ford Motor Co. and Walt-Mart Stores Inc. Bloomberg LP, parent of Bloomberg News, is also a member.