"Removing some investment barriers in the railway, shipping, and power sectors ... shows that China is attempting to show it is indeed opening up," said William Zarit, chairman of the American Chamber of Commerce in China.
China's recently updated foreign investment negative list is a positive movement toward a bilateral economic relationship built on reciprocal treatment, William Zarit, chairman of the American Chamber of Commerce in China, told the Global Times on Friday.
The most recent AmCham survey of business sentiment found most of its members reporting rising revenues and healthy profits, but 75% also saying that foreign companies have become less welcome in China. Mr Zarit voices concerns that America “could paint China into a corner, and not adequately consider Chinese domestic politics”.
According to the latest survey conducted by the American Chamber of Commerce in China, 74 percent of the surveyed member companies will increase their investment in China in 2018, and the proportion will continue to increase.