"There have been some moves in the direction of opening up and that's good and that's welcome, but it's really really small," said William Zarit, chairman of the American Chamber of Commerce in Beijing and senior counselor at The Cohn Group, a consulting firm. He noted that general services, logistics, medical devices and construction are some areas...
US companies still maintain a high level of interest both in trade with Chinese companies and investment in China, although the tariffs are certainly impacting the picture, the American Chamber of Commerce in China (AmCham China) said in a statement it sent to the Global Times on Friday.
One exception is Vietnam's PMI, which rose from 51.5 in September to 53.9 last month. A recent American Chamber of Commerce survey of 430 US firms in China showed that Vietnam was the top location for companies hoping to move production out of China amid the trade war.
Representatives from organizations including the American Chamber of Commerce in China, European Union Chamber of Commerce in China, and foreign and private-sector companies attended the meeting on Monday morning.