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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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