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”.
In a poll released by the American Chamber of Commerce (AmCham) and its counterpart in Shanghai last month, roughly 40% of 250 surveyed firms said they were “considering or have relocated manufacturing facilities outside of China.” In a similar AmCham survey last September, only 30% said they were considering partial relocation. However, the exit can’t all be chalked up to the trade war.