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SHANGHAI (Reuters) - U.S.-based businesses reported more pessimism about operating in China due to bilateral tensions, ongoing COVID-19 curbs, regulat...
Many US businesses in China have reported rising bilateral tensions between China and the US as a top challenge, even as they remain confident in profit growth in China, calling on Washington to drop aggressive rhetoric and tit-for-tat actions and pursue communication, according to a survey published by the main US businesses group in China on Tuesday.
Worries about pandemic restrictions and trade relations are growing, but most American companies say that they have no plans to relocate operations to other countries, a new survey shows.
American businesses in China no longer expect relations between the two countries to improve from the tensions of the Trump administration, a survey found.
US businesses in China are hesitant about increasing investment due to rising regulatory uncertainties, pessimism over market access and economic growth concerns, a survey released yesterday by the American Chamber of Commerce (AmCham) said. About 40 percent of the 353 respondents saw the regulatory environment as one of the driving factors of pessimism over doing business in China, up 16 percentage points from a year earlier, the survey said. More than one-third expect to lower investment due to policy uncertainties, it said. “In terms of regulatory uncertainties, it’s the technology and ...