The owners of struggling gyms, beauty salons, and tuition centers are hiring professional “store closers” to help them suddenly disappear without a trace — and take their customers’ money with them. ( read original story ...)
Confidence of US firms in China wanes as record numbers cut investments amid hardships
AmCham Shanghai's business-climate survey flags concerning trends while expressing hope that Washington eases up on tariffs and helps stabilise relationship American firms in China appear to have soured on the business climate and prospects, ( read original story ...)
China’s business climate floundering, India a key de-risking alternate for USA Inc, says this report
It is increasingly getting riskier to do business in China, according to a report by American Chamber of Commerce in Shanghai. ( read original story ...)
Hang Lung Joins Forces With Intercontinental Hotels Group To Introduce Kimpton Hotels & Restaurants To Grand Gateway 66 In Shanghai
Hang Lung Joins Forces With InterContinental Hotels Group to Introduce Kimpton Hotels & Restaurants to Grand Gateway 66 i ... ( read original story ...)
As Tensions Rise, China Profits Drop for U.S. Companies
The American Chamber of Commerce in Shanghai reports only two-thirds of American busiensses operating in China were profitable in 2023. ( read original story ...)
U.S. Firms See Record-Low Profits in China: Report
A new report says U.S. companies in China are seeing record-low profits, amid U.S.-China tensions and a slowing Chinese economy. ( read original story ...)
US companies see record-low profits in China amid geopolitical tensions and slow growth, report says
A report by the American Chamber of Commerce in Shanghai has found that U.S. companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S. ( read original story ...)