US companies to see slower expansion in China

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Source: China.org.cn
US businesses project slower pace of revenue growth in China in 2012 amid rising operation costs and worries over global stagnation, according to survey of American Chamber of Commerce. About 43% of the firms surveyed expect increase in sales to approach 11% this year as compared to a 15% increase in 2011. The major contributors to more pessimistic outlook on China's economy are sharp fall in investments and slower GDP growth.


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