|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Business & Economy (Click here for more)

AmCham Says US Firms Concerned over Regulatory Uncertainties in China

BEIJING American companies with a presence in China are concerned over unequal opportunities in the Asian country and regulatory uncertainties although they are confident that bilateral relations will improve in 2018, the American Chamber of Commerce in China said Tuesday.

The findings of the 2017 Business Climate Survey, released by the Chamber in Beijing on Tuesday, indicate that the main challenge for 60 percent of the companies surveyed is the inconsistency in the country in interpreting regulation and a lack of clarity in its laws.

Increasing labor costs as well as risks of regulatory compliance was considered one of the main challenges for a majority of the companies for the first time in the 20 editions of the survey.

Forty-six percent of the American companies also reported that they were unfairly treated as compared to domestic companies.

Out of these, 55 percent also complained of unfair treatment owing to bans or restrictions with regards to access to the market, 52 percent reported a difference in enforcement of laws and regulation, and 36 percent of discrimination in government support and subsidies.

Thirty-six percent of the companies surveyed as opposed to 17 percent last year also believed that bilateral ties between China and the United States will improve in 2018.

William Zarit, chairman of the American Chamber of Commerce in China, explained that the optimism stems partly from the fact that the survey, conducted between Oct. 23-Nov. 26 last year, coincided with the 19th National Congress of the Communist Party of China and the official visit of US President Donald Trump to Beijing.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved