A recent survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long term despite growing concerns about U.S.-China relations and the broader business environment.
The survey was conducted in April and May of this year, polling nearly 100 Chinese companies across various industries about performance and outlook.
The report said Chinese firms remain committed to the U.S. market despite growing negative sentiment about the overall business environment amid rising trade tensions between the world's two largest economies.
Over 60% of survey respondents saw a deteriorating business environment in the U.S.
Over the past year, the Biden administration has ramped up curbs on Chinese businesses, scrutinizing certain China-dominated industries, placing new sanctions on various Chinese firms and goods and trying to outright block Chinese ownership of certain companies and platforms.
Persons:
CGCC, Biden
Organizations:
Chamber of Commerce
Locations:
U.S, China