US firms see China as essential despite rising economic and political risks
Business trends
Profits recovering but tariffs remain a burden, business council survey finds
Concerns about China’s slowing growth ranked as the No. 2 challenge among U.S. companies this year, up from No. 5 previously. (Nikkei montage/Source photos by AP and Reuters)
WASHINGTON — American companies are doubling down on China as profitability rebounds, even as the slowing Chinese economy continues to dampen business sentiment, an annual survey shows.
