China’s business outlook has dropped to a historic low while revenue forecasts reached the lowest in a decade, according to hundreds of American businesses operating in the country. An annual business report released by the American Chamber of Commerce in Shanghai (AmCham Shanghai) on Oct. 28 showed that only 55 percent of the companies surveyed…
China’s Market Environment Deteriorates as Foreign Investment Confidence Drops to New Low
US Companies Are Pessimistic About Investing in China Although Profitable: Survey
The latest survey showed that U.S. enterprises in China could make a profit, but are less optimistic about investing there because of intense U.S.-China relations, China’s inconsistent regulations, inferior market access for foreign companies, increasing labor costs, and the extreme COVID-zero policy. Fifty-nine percent of the survey respondents had increased profits in China in 2021, higher…
Amid Political Uncertainty, Companies in Hong Kong Have Gloomy Business Outlook for 2021: Survey
40 percent of companies in Hong Kong are pessimistic about the outlook of the city’s business environment for 2021, according to a business survey released on Jan. 11. The survey was carried out by the American Chamber (AmCham) of Commerce in Hong Kong, which obtained responses from 15 percent of its members, or 181 participants,…
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