Cham Shanghai News Today

Xi Jinping had ample incentive to strike a welcoming tone with his CEO audience in San Francisco, but his remarks and attendance nonetheless signal a step in the right direction of U.S.-China relations.

The value of deals at the six-day CIIE rose 6.7 per cent year on year, according to the organiser CIIE Bureau. Exhibitors at the American Food and Agriculture Pavilion signed US$505 million worth of deals.

The American Chamber of Commerce (AmCham) in Shanghai announced on Thursday that it will co-host the American Food and Agriculture Pavilion with the US Department of Agriculture at the upcoming China International Import Expo (CIIE), marking the first official US participation in China’s major import fair since its first edition in 2018.

A record share of US firms surveyed are pessimistic about the next few years.

American companies in China are increasingly pessimistic about the business outlook in the country, according to a survey by the American Chamber of C

Just 52% of respondents to a poll by the American Chamber of Commerce in Shanghai said they were at least slightly optimistic about the business outlook in China over the next five years.

One-third of respondents said policies and regulations towards foreign companies had worsened in the past year

There are no expectations for an immediate fix to the long-running trade dispute.

The world’s biggest steelmaker, China Baowu Group, wants to decarbonise its operations and is eyeing Australia’s abundant clean energy to do so.

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