- US business leaders attend China Development Forum for first time in three years.
- Event focused on opportunities and co-operation as Chinese economy rebounds from pandemic.
- US businesses face headwinds from Washington and increased congressional scrutiny.
- Geopolitical climate may encourage some companies to invest more heavily in Chinese supply chains.
- Record number of US companies not profitable in China last year.
US businesses shy about attendance at China’s Davos
Beijing’s flagship development conference kicks off in shadow of tensions with Washington
Thomas Hale
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