China's Ministry of Civil Affairs (MCA) announced on Tuesday that it would audit the American Chamber of Commerce in China (AmCham China), the Australian China Chamber of Commerce (Austcham China) and over 200 other groups as part of an effort to check on social organizations in the country.
Tim Stratford, Chairman of the American Chamber of Commerce in China, is having a conversation with Liu Xin about China’s white paper on Sino-US trade.
Nearly half of U.S. companies doing business in China said they've experienced non-tariff retaliation from China since the U.S. first imposed duties last July, according to a survey this month by the American Chamber of Commerce in China. The group represents more than 900 American companies operating in China.
Surveys were recently conducted at the American Chamber of Commerce in China and the European Union Chamber of Commerce in China. They respectively found China to be a major investment destination and the next harbor of their businesses' expansion. Official estimates of economists' confidence have likewise been encouraging as the evaluation index of...