Pessimism Creeps In as Willingness of US Companies to Invest in China Eases

Press Release

US companies in China reported a slightly more pessimistic financial outlook compared to recent years, though a large majority of companies say they have no plans to relocate operations elsewhere, according to a new survey released by the American Chamber of Commerce in China (“AmCham China”). Estimated performance results for 2022 showed a decline in the portion of member companies that saw increased revenue, profitability, and Earnings Before Interest and Taxes (EBIT) margins compared to last year, with figures declining to 2020 levels.

形势向好，但由于疫情防控相关措施，美资企业仍受掣肘

Press Release

根据中国美国商会的最新快速调查显示，在华美资企业持续受到新冠疫情防控相关限制措施的一系列负面影响。98%的受访者表示，尽管上海等多地宣布解封，但新冠疫情仍对他们的生产/运营产生了持续的负面影响。与此同时，营收预期近几个月来持续恶化，69%的受访者表示已调低2022年营收预期，此数值比上一版调查结果（“5月调查”）增加了十一个个百分点。

US Companies Still Struggling with Pandemic-Related Restrictions, Despite Slight Improvements

Press Release

US companies in China continue to experience a range of negative impacts from pandemic-related restrictions, according to a new Flash Survey from the American Chamber of Commerce in China (“AmCham China”). 98% of respondents reported an ongoing negative impact from COVID-19 on their business, citing a range of factors, despite the announced end of lockdowns in Shanghai and elsewhere. Meanwhile, revenue projections have worsened in recent months, with 69% of respondents reporting their 2022 revenue projections have decreased, an increase of 11 percentage points (pp) from a previous survey conducted in May (“May Survey”).

Longstanding Challenges Underpin More Immediate Concerns for US Companies in China

Press Release

The American Chamber of Commerce in China (AmCham China) today releases the 24th edition of the American Business in China White Paper (White Paper), which lays out in detail a number of policy recommendations – both cross-sector and industry-specific – for the Chinese and US governments. This year’s edition contains 38 chapters covering developments over the past year, and includes 20 chapters on industry-specific issues, such as agriculture, banking, ICT, manufacturing, healthcare, and real estate, 12 chapters on industrial policy and market access, such as competition law, compliance, procurement, and taxes, and four chapters with a region-specific focus, covering central China, northeast China, Shanghai, and Tianjin.

长期挑战为在华美资企业带来了更为直接的担忧

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中国美国商会于今日发布了第24期年度《美国企业在中国白皮书》（以下简称《白皮书》），该《白皮书》为中美两国政府详细列举了一系列跨部门与针对具体行业的政策建议。今年《白皮书》的38个章节将回顾过去一年的发展，其中包括20章聚焦行业问题，包括农业、银行、信息科技、制造业、医疗卫生与房地产等，12章探讨产业政策与市场准入相关内容，包括竞争法规、合规、政府采购和税收等，以及4章针对具体地区：华中、东北、上海、天津的内容。

US Business Confidence in China Shaken Amid Growing Impact of COVID-19 Outbreaks

Press Release

US companies reported a dire economic picture in China, following COVID-19 outbreaks that have spread across the country in recent weeks, according to a new Flash Survey from the American Chamber of Commerce in China (“AmCham China”). The foreign business community’s confidence in doing business in China continues to decrease, with all 121 company respondents to the survey saying they had been negatively impacted by China’s policies concerning the recent outbreak, citing a range of factors.