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American Business Confidence in China Slumps to Lowest in Decades

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Geopolitical tensions and a deteriorating operating environment are cited as reasons for the slide in profitability and optimism.

Geopolitical tensions and deteriorating environment cited as reasons for slide in profitability and optimismCommerce Secretary Gina Raimondo is the third cabinet member to visit Beijing since June, aiming to ease tensions amid growing rivalry over advanced technology like semiconductors. WSJ’s Yuka Hayashi explains. Photo: Andy Wong/Shutterstock

HONG KONG—U.S. companies are painting the bleakest picture in decades over doing business in China asDow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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