- Nearly 90% of poll respondents negative on US-China: AmCham
- Firms more optimistic regarding China’s economic recovery
Some 87% of respondents to a flash survey taken last week said they were at least slightly pessimistic about US-China ties, according to the survey published Wednesdayby the American Chamber of Commerce in China. That was 14 percentage points higher than the chamber’s previous poll.
“Bilateral relations between the United States and China have substantially deteriorated,” said Lester Ross, chair of AmCham China’s Policy Committee. “It’s hard to see at this point when they will begin to improve — and this, of course, affects the ability of business to operate across borders.”
The April flash poll included 109 respondents. The chamber’s earlier survey featured 319 responses, which were collected in October and November 2022, as well as February of this year.
The data underscores the headwinds facing American firms operating in the world’s second-largest economy. Alongside the April survey, AmCham on Wednesday released its 2023 white paper report, which labeled worsening bilateral relations as a “key challenge” this year.
While geopolitical tensions have dominated concerns among American firms in China, the US chamber’s flash poll indicated that members were becoming more optimistic about other aspects of the business outlook, including China’s recovery.
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