China Targeting Foreign Companies, American Chamber Says

China is targeting foreign companies with opaque laws and rules, according to a group representing U.S. businesses there, contributing to a deteriorating environment for investment in the nation.

Sixty percent of respondents to a survey last month by the American Chamber of Commerce in China said they feel foreign business is less welcome in the country than before, the group said today in Beijing, up from 41 percent in a late-2013 survey. Forty-nine percent said foreign companies are being singled out in recent pricing or anti-corruption campaigns.