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US firms on mainland struggle amid local travel disruptions; Concern grows as demand and revenues decline, AmCham survey finds

Mar 26, 2020 - South China Morning Post

Nearly two-thirds of American companies operating on the mainland are struggling with travel disruptions and many have recorded a sharp deterioration in demand, a new survey showed yesterday, as the economic damage from coronavirus pandemic casts an increasingly gloomy spell.

Some 68 per cent of 119 mostly multinational companies surveyed in March said they were still facing domestic travel disruptions, while half were experiencing significant revenue declines, a rate nearly double ...