The U.S.-China trade war has escalated. Image by Shutterstock.
A U.S.-China Business Council survey indicates that American companies are not leaving the China market but COVID-19 and worsening bilateral relations are dampening business sentiment.
August 31, 2020 at 12:50 PM
1 minute read
The original version of this story was published on Law.com International
A new survey of American businesses in China reveals that most are not leaving the China market. However, optimism surrounding the near-to-mid-term future is low as worsening ties between the United States and China as well as the COVID-19 pandemic have taken their toll on business sentiment.
The U.S.-China Business Council (USCBC), a trade group representing more than 200 U.S. businesses in China, published the results of its annual survey of members earlier this month.
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