SHANGHAI (Reuters) – U.S. firms in China see near-term risks from rising costs, slowing growth and stronger local rivals, though most are still upping investment and remain hopeful over longer-term prospects in the world’s second-largest economy.
An annual survey released by the American Chamber of Commerce in Shanghai on Thursday found that over 80 percent of the 406 companies that responded said they planned to increase investment this year, albeit at a slower pace than before.
