"The figure, down from 47 percent in 2024, is the lowest since AmCham Shanghai began releasing its annual business report in 1999. Only 45 percent of respondents said they expected revenues to increase in 2025, AmCham Shanghai said, which would be a record low if realised. Just 12 percent ranked China as their headquarters' top investment destination, also the lowest in the survey's history, according to the business chamber."
"Businesses cited US-China tensions and broader geopolitical pressures as the biggest challenges to operating. Nearly half of respondents called for the removal of all US tariffs on Chinese goods, with 42 percent supporting the scrapping of Chinese tariffs on US products, according to AmCham Shanghai. Despite the worsening sentiment, businesses also reported positive developments over the past year. More than 70 percent of respondents said they were profitable in 2024, up from a record low of 66 percent in 2023."
Only 41 percent of US businesses express optimism about the five-year business outlook in China, down from 47 percent in 2024 and the lowest since 1999. Only 45 percent expect revenues to increase in 2025, which would be a record low if realised. Just 12 percent ranked China as their headquarters' top investment destination, also a historic low. Businesses cited US-China tensions and broader geopolitical pressures as the biggest operational challenges, while many respondents supported removing tariffs. Despite weaker sentiment, more than 70 percent reported profitability in 2024 and perceptions of regulatory transparency improved.
Read at www.aljazeera.com
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