1. CREATING A FAVORABLE ENVIRONMENT.
- Author
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Liu Yunyun
- Subjects
- *
AMERICAN business enterprises , *INDUSTRIAL surveys , *INCOME tax , *INTERNATIONAL business enterprises - Abstract
The article reports on the effort of China to build a sound business environment for U.S. businesses. "American Business in China," the 2007 white paper published by the American Chamber of Commerce (AmCham), revealed that over 73 percent of the 150 survey respondents said their businesses in China were profitable and only 4 percent said they suffered major losses. China is improving its economic structure and focusing more on the service industry. At present, a common concern coming from foreign companies in China is the rise in corporate income tax.
- Published
- 2008