U.S. Firms Feel Unwelcome in China, According to Survey

[unhappycamper]

http://online.wsj.com/articles/u-s-firms-feel-less-welcome-in-china-1409624607

U.S. Firms Feel Unwelcome in China, According to Survey
Andrew Browne And Laurie Burkitt
Updated Sept. 2, 2014 1:17 a.m. ET



BEIJING—Growing numbers of U.S. businesses say they feel unwelcome in China amid a crackdown on monopoly pricing and corruption that they say unfairly targets foreign companies.

A survey by the American Chamber of Commerce released on Tuesday shows that 60% of companies feel less welcome in China than before, a sharp increase from 41% in the previous poll a year ago. In a new question for its members, 49% of respondents believe that foreign firms are being singled out for attack.

The annual survey of AmCham's members is the latest evidence that foreign investors are increasingly worried about the increasingly aggressive tactics by Chinese regulators in industries ranging from dairy to auto parts to technology.

These fears are combining with more general worries over China's slowing economic growth, rising political risks, foreign policy tensions, mounting labor costs and opaque rules for foreign investors, the AmCham business climate survey shows. All this has contributed to a slowdown of investment into China from North America, Europe and Japan.

[grahamhgreen]

1. Welcome to reality.