US Businesses Eye China Amid Economic Slowdown and Trade Truce
US companies are more worried about China's economic slowdown than trade tensions, as indicated by an American Chamber of Commerce survey. While growth rates are declining, over half of the US businesses reported profits last year. Foreign investment in China has diminished, though sentiment shows signs of improvement.
US businesses express heightened concern over China's economic deceleration rather than trade strife, according to a survey released by the American Chamber of Commerce in China.
The survey's 368 respondents revealed 64% view China's slowing growth as their foremost worry, while 58% cited trade tensions as a significant challenge. China's economy is forecasted to slow further this year, following a 5% growth rate in 2025.
Although foreign investment has declined, business sentiment has improved, with over half of surveyed companies reporting profits. Amidst political realities, US firms remain focused on seizing business opportunities in China.
(With inputs from agencies.)
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