US firms in China see gloomy year ahead over trade ties

📆 2/27/2019 5:40 PM
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BEIJING: US companies in China forecast a gloomy year ahead, with many worrying about a deterioration in trade ties and nearly a quarter delaying investments, a survey showed yesterday. The survey of 314 US businesses by the American Chamber of Commerce in China provided a...

BEIJING: US companies in China forecast a gloomy year ahead, with many worrying about a deterioration in trade ties and nearly a quarter delaying investments, a survey showed yesterday.

The report was released two days after US President Donald Trump said he would delay a planned further hike in tariffs on Chinese goods this week after he and Beijing hailed"substantial progress" in trade negotiations.

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