“The President could issue orders that would make it very difficult for American companies to continue to do business in China, but I think it’s not a legal question of whether he’s going to do that — it’s a political and economic question,” said Timothy Stratford, chairman of the American Chamber of Commerce in China.
China's FDI has grown from $46.88 billion in 2001 to $135 billion last year. According to the 2019 China Business Climate Survey Report by the American Chamber of Commerce in China, the nation continues to be a priority for all sectors in terms of their near-term global investment plans.
The new tariffs are a sharp escalation in the bruising trade war, and could cost households $800 a year. The move is the first phase of US President Donald Trump's latest plan to place 15% duties on $300bn of Chinese imports by the end of the year. The American Chamber of Commerce in China voiced concerns after the US said it was going ahead with new...
A survey by the American Chamber of Commerce in China says most companies that do relocate look to Southeast Asia. Vietnam's exports to the U.S. jumped 33% in the first six months of this year, compared with the same period last year.