Tim Stratford, Chairman of the American Chamber of Commerce in China, discusses some of the difficulties U.S. companies operating in China are facing from increased tariffs.
In a mirror image, the most recent American Chamber of Commerce in China survey of US companies operating on the mainland, released in February, was similarly downbeat, referring to relations as a “ticking time bomb”.
Representatives from the American Chamber of Commerce in Beijing and U.S.-China Business Council were not available for comment on the announcement of the unreliable entities list. Meanwhile, Joerg Wuttke, president of the European Union Chamber of Commerce in China, said that punitive measures from Beijing may not benefit China in the long run.
The US Chamber of Commerce recognized that China is making concrete progress in creating an intellectual property environment appropriate to t he 21st century. 1 In its 2018 China Business Climate Survey Report, the American Chamber of Commerce in China noted that among the main challenges facing its member companies operating in China, concern over...