Caixin
Apr 26, 2023 08:45 PM
WORLD

U.S. Firms’ Optimism on China Grows Despite Tensions, AmCham Survey Shows

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Nearly all members of the business group AmCham China believe that positive relations between the U.S. and China are essential for the growth of their companies, according to the nonprofit’s annual American Business in China White Paper.
Nearly all members of the business group AmCham China believe that positive relations between the U.S. and China are essential for the growth of their companies, according to the nonprofit’s annual American Business in China White Paper.

Although rising tensions between Washington and Beijing continue to be a top concern, American companies in China are increasingly optimistic about their outlook on China, especially in economic recovery and growth of the domestic market, a recent business climate report showed.

In a survey conducted by the American Chamber of Commerce in China (AmCham China) last week, almost 60% of the 109 members who participated responded positively when asked about their outlook on China’s economic recovery for the next two years, which is an increase of 22 percentage points compared to the organization’s annual survey released in March.

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