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Booz & Company
Multinational Companies Strengthening Commitment to China Despite Economic Challenges, Finds New AmCham Shanghai/Booz & Company Study
March 7th, 2009
Rising costs, declining rates of domestic growth, and decreased demand for Chinese exports are pressuring multinational corporations that operate in China. At the same time, according to a study conducted jointly by the American Chamber of Commerce in Shanghai (AmCham Shanghai) and management consulting firm Booz & Company, the global business community increasingly views China as an essential player in an eventual turnaround. As a result, multinational manufacturers have strengthened their commitment to China as a key base of operations for Asia. The survey of 108 foreign invested manufacturing companies operating in China found that unemployment and softer consumer...
Source: Law & Health Weekly (2009-03-07)
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