Robert A. McDonald, chairman and chief executive officer of Procter & Gamble, has been elected chairman of the U.S.-China Business Council. P&G is the largest consumer products company in China, with annual sales of about $6 billion. It has operations in Guangzhou, Beijing, Shanghai, Chengdu, Tianjin, Dongguan and Nanping, and a technical center in Beijing. China is the company's second largest market after the United States. "The commercial relation...