Employees wearing protective masks hold signs as they stand in front of ground markings for social distancing during the reopening of the Walt Disney Co. Shanghai Disneyland theme park following a monthslong shutdown due to the coronavirus in Shanghai, China, on May 11, 2020. Photographer: Qilai Shen/Bloomberg US Companies in China Expect Trade War to Last 'Indefinitely' as Investment Appetite Wanes
An AmCham Shanghai survey indicates that American companies are pessimistic about the China market as both COVID-19 and worsening U.S.-China relations take their toll.
September 14, 2020 at 10:03 AM
3 minute read
American businesses in China are increasingly pessimistic about U.S.-China relations, with few wanting to increase their investments in the market. However, most do not have plans to leave the China market, according to a survey released by the American Chamber of Commerce that is consistent with other surveys conducted recently.
The American Chamber of Commerce in Shanghai (AmCham Shanghai) released its 2020 China Business Report, which it conducted in June and July with PricewaterhouseCoopers China, polling 346 AmCham Shanghai members.
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