Rising costs, declining rates of domestic growth, and decreased demand for Chinese exports are pressuring multinational corporations that operate in China. At the same time, according to a study conducted jointly by the American Chamber of Commerce in Shanghai (AmCham Shanghai) and management consulting firm Booz & Company, the global business community increasingly views China as an essential player in an eventual turnaround. As a result, multinational manufacturers have strengthened their commitment to China as a key base of operations for Asia.