Report cites compliance as primary focus for U.S. companies in China

U.S. companies based in China are realigning their focus on compliance this year after high costs and skill gaps become apparent challenges for corruption

As compliance and regulatory law continue to make headlines, organizations all over the world are working towards creating environments that are more compliant and adhere to the latest standards and regulations.

In the past year alone, U.S. companies in China have been switching their focus to compliance after several high profile instances of corruption and high pricing surfaced, according to the American Chamber of Commerce in Shanghai’s annual report.  Rising costs and a skills shortage remain their main concerns in an ever-changing regulatory landscape where companies have to work harder than ever to stay on top of the latest compliance regulations.

Contributing Author

Stefanie Mosca

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