Tag: business
US firms ‘more negative’ about doing business in China
US companies are “more negative than they’ve been in a long time” about doing business in China, according to the president of the American Chamber of Commerce in China (AmCham China). As tensions continue to grow between the world’s two biggest economies, Michael Hart says that the rivalry has “made business very challenging”. The governments of President Xi and President Biden have been disagreeing on what seems like an ever-increasing number of issues; ranging from Ukraine, to coronavirus, and Taiwan, to Tiktok, and semiconductors. That is reflected in AmCham China’s latest annual survey of its more than 900 members. For the first [Read More…]
