Pressure is getting to US firms in China as they feel weight of tensions: survey

Source: China – South China Morning PostAmerican companies doing business in China are more pessimistic about the next five years than ever before, in the face of rising geopolitical uncertainties, fierce competition and a chronic economic slowdown, according to findings by a prominent business chamber.
Only 41 per cent of surveyed American firms expressed optimism about their five-year business outlook in China, or almost half the rate in 2021, according to a report released by the American Chamber of Commerce (AmCham) in Shanghai on…Read More

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