Quote of the Day: Growing Pains For U.S. Businesses

“Though foreign companies remain eager to invest in the Chinese market, challenges such as discriminatory industrial policies, opaque investment approval procedures and a lack of effective administrative and legal recourse when investments are denied pose huge barriers.”

-Greg Gilligan, chairman of the American Chamber of Commerce in China, on the road bumps of doing business in China for foreign companies like Apple and Starbucks. (China Real Time)