A record-high proportion of U.S. companies in China have frozen new investment plans, with tariffs and U.S.–China relations among their top concerns, a new survey has found.
Other top concerns include the ruling Chinese Communist Party’s (CCP’s) tight regulatory controls, such as export restrictions, sanctions, investment screenings; Chinese industrial policies that favor domestic companies; China’s slowing economic growth and lack of domestic demand; the CCP’s opaque business environment; and industrial overcapacity that is affecting a broader range of sectors.
According to the annual survey, published on July 16 by the Washington-based U.S.-China Business Council (USCBC), more than half of U.S. companies in China, or 52 percent, have no plans to invest in China this year, up from 20 percent last year….
US Businesses in China Freeze New Investment Amid Tariff War, Geopolitical Tension: Survey
