US Companies in China Confront Profit Squeeze Amid Intensifying Price Wars
US Companies in China Confront Profit Squeeze Amid Intensifying Price Wars
American businesses operating within China are increasingly raising alarms over rampant overproduction, a critical issue that is fueling aggressive price wars and significantly eroding their profit margins. This challenging economic climate is compelling many US firms to reassess their operational strategies and market positions in China as competitive pressures continue to mount and profitability dwindles.
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