Surveys from AmCham China and the European Union Chamber of Commerce in China show revenues are down. Maybe what’s not captured in these surveys is the level of unease that people have.
Michael Hart, President of AmCham China responded to CNBC, ‘It’s likely going to take at least a month to get supply chains up running again. A lot of our members are reassessing and looking over the state of their operations, including inventory, components, and the readiness of equipment.’
Meanwhile, a survey published by the American Chamber of Commerce in China this month shows that more than 50% of American businesses have either delayed or decreased their investments in China due to recent outbreaks and repeated lockdowns.
据报道，中国美国商会在白皮书中表示：“我们反对任何试图使美中关系完全脱钩的行为。” 报告称，华盛顿和北京应该优先在工作层面进行沟通，和双边的企业界进行接触，重视落实计划的真正战略，而不是为了接触而接触。白皮书称：“国家安全行动应该尽量减少对贸易的限制，应该扩大关税豁免项目以推动贸易，这对双方都是有利的。”
汪文斌说道，中国美国商会发布的白皮书指出，美国企业坚决反对美中关系彻底脱钩，认为脱钩将使两国在外资方面蒙受巨大损失，没有人能在这场博弈中成为赢家。“希望美方认真倾听美国企业发出的理性务实声音，本着相互尊重、和平共处，合作共赢的精神，与中方相向而行，推动中美关系早日回到健康稳定发展的正确轨道。”
With China being a top market priority for nearly two-thirds of the chamber’s member companies, Colm Rafferty, the chamber’s chairman, said its members believe that a decoupling of the US and China economies is in neither country’s economic interest.
On Tuesday, the American Chamber of Commerce (AmCham) in China said pandemic restrictions were aggravating already tense China-U. S. relations. “The COVID-19 pandemic aggravated this deterioration, deepening mistrust between the two countries and reinforcing the focus on supply chain security, reshoring, and domestic manufacturing,” it said in a white paper.
US companies remain committed to Chinese market despite their diplomatic tensions, with 83 percent of the firms surveyed not considering relocating manufacturing or sourcing outside of China, according to an annual white paper released by the American Chamber of Commerce in China (AmCham China) on Tuesday.
“In the past, what has made China attractive to our member companies has been the country’s clear long-term strategic development goals, significant market opportunity, and a highly supportive and predictable business environment,” Rafferty said. “But, today, our members feel that the business environment has become a lot less predictable, largely due to the pandemic and its related restrictions. More worryingly, members don’t see any light at the end of the tunnel.”
The American Chamber of Commerce in China President Michael Hart discusses the latest findings of the AmCham China White Paper which lays out a number of policy recommendations for the Chinese and US governments. Hart speaks to Haslinda Amin and Rishaad Salamat on “Bloomberg Markets Asia”.