Payment & Expense
American Express said 29 percent of 180 surveyed organizations that do business China increased T&E spending during the past 12 months
, while 16 percent decreased spending. Surveyed in August and September, 60 percent of respondents said they have or will add staff this year. Among other findings, 80 percent of represented organizations have formal travel policies (up from 70 percent a year ago); and 68 percent said compliance to such policies was above 50 percent (up from 17 percent).