politics - US visa policies keep on hurting economic ties

Earlier this year the American Chamber of Commerce in China complained that the stringent US visa policies had cost already US$ 30 billion over the past two years. That figure might only go north, shows a round-up by Chinabiz. Many Chinese firms have withdrawn from a electronics show in Las Vegas, after half of the visa applications by attendants was refused. More conferences on US soil might be under threat and move to Europe or Asia.