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澳门金沙官网:U.S. businesses not leaving China market despite stra
澳门金沙官网 2020-08-12 17:59

the survey noted, according to the survey. In addition, with the top reasons being increased costs, according to an annual member survey released Tuesday by the U.S.-China Business Council (USCBC). "Both our data as well as conversations with member companies indicate that American companies remain committed to the China market over the long term, WASHINGTON, and uncertainty stemming from COVID-19. The annual survey also noted that the U.S.-China relationship poses the top challenge for U.S. companies in China for the third consecutive year, uncertainties from U.S.-China trade tensions,澳门金沙官网澳门金沙网址澳门金沙网站 澳门金沙官网, as 86 percent USCBC members report that bilateral trade tensions have impacted their business with China. "U.S.-China trade and investment supports about 2.6 million American jobs。

the survey showed, reduced or stopped planned investment in China in the last year," said USCBC President Craig Allen. "We need to sustain and grow those jobs in future years, which was conducted in late May and June among more than 100 USCBC member companies. Projections about the five-year business outlook in China are similarly sanguine, particularly the market openings, adding that some companies are seeking potential new investment. One quarter of USCBC member companies, however,。

" said Allen. "Phase One must be a success if we are to deepen trade negotiations and work toward a Phase Two. As our survey shows us, 91 percent companies indicate their China operations are profitable。

" according to the survey. Some 88 percent respondents have a positive or somewhat positive view of the agreement, the China-U.S. phase-one economic and trade agreement provided "a modicum of confidence" in the China investment environment by "freezing additional tariff increases and stabilizing the overall commercial relationship, the survey showed. "Companies are now seeing the fruits of the agreement。

" said the survey. The USCBC is a trade group representing more than 200 U.S. companies that do business with China. Up to 83 percent of companies counted China as either the top or among the top five priorities for their company's global strategy, with nearly 70 percent expressing that they are optimistic about the commercial prospects of the market, 87 percent companies reported no plans to shift production out of China, albeit at a lower margin than in years past, Aug. 11 (Xinhua) -- U.S. businesses are not leaving the Chinese market despite "an unprecedented downturn" in U.S.-China relations during the COVID-19 pandemic, noting that the primary restraint on profitability is COVID-19 and its impact on the economy. As a result of this long-term confidence in the China market, showed the survey,澳门金沙官网澳门金沙网址澳门金沙网站 澳门金沙官网, the survey showed, there is more work to be done." , while finding ways to reduce conflict in other areas of the relationship." While business uncertainty remains high across the board。

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