The latest Business Climate Survey from the American Chamber of Commerce in China (AmCham) showed that 65 percent of its member companies were influenced by trade tensions when making longer-term business strategies. In the meantime, nearly a quarter of companies surveyed are delaying additional investments in China.
“Companies are going to take a kind of a wait-and-see attitude for some time. They will be participating and growing in China as much as they can, but they’ll be hesitant about some big investments,” explained by Tim Stratford, chairman of AmCham.