The 25th annual China Business Climate Survey (BCS) Report revealed that while AmCham China members still see China as a priority market, their willingness to increase investment and strategic priority is declining.
After three full years dominated by the COVID-19 pandemic, members expressed concern about their companies’ financial performance and expectations regarding China’s openness and business climate, contributing to a slightly more pessimistic outlook compared to previous years. Estimated performance results for 2022 showed a decline in the portion of member companies that saw increased revenue, profitability, and Earnings Before Interest and Taxes (EBIT) margins compared to a specific previous year, largely due to COVID-19.
This is the 25th consecutive year that AmCham China has surveyed its members on China’s business climate, with the results providing insightful insight into the longer-term trajectory of China’s corporate environment. The BCS results represent around half of the Chamber’s member companies and highlight the impact of COVID-19, regulatory developments, and US-China tensions on member companies.
All AmCham China card-holding members will receive an email that contains a link to the digital version of the report.
All employees from member companies and non-members are welcome to get this report by signing up for our Weekly Bulletin (e-newsletter)