People's Daily
US companies continue to bet on China's growth
"As the United States struggles to shake off the shadow of the financial crisis, many US companies are increasing their investments in China -- betting that the country will continue to deliver high growth for years to come.
"US industry giants, such as General Electric, Procter & Gamble, Ford Motor, Caterpillar, Starbucks and The Carlyle Group, have announced their plans to increase their investments in China, adding up to the expanding US commercial and industrial presence in the mainland.
"According to statistics by the Chinese Ministry of Commerce (MOC), US companies had invested $65.22 billion in more than 59,000 projects in China by the end of 2010.
"Analysts said China's significance to US companies had grown over the past years, as profits foreign investors could reap from the country were great.
"A business survey by the American Chamber of Commerce in China (AmCham-China) last year showed 71 percent of AmCham-China members made profits in 2009 and 46 percent reported higher profit margins in China than their global average."
http://english.peopledaily.com.cn/90001/90778/7264053.html
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