US companies are canceling investment into China at a faster clip, survey shows

  • 📰 CNBC
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The latest Amcham survey shows that some U.S. firms in China are speeding up their move away from the mainland as increasing tariffs bite.

Just over half of the survey respondents said revenue has decreased as a result of the increased tariffs. One third of them attributed a drop of between 1% and 10% of revenue to the higher duties.

The pharmaceuticals, medical devices and life sciences category ranked among the industries with the most respondents reporting revenue growth last year. That sector also came in second among those most optimistic about 2019.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ScottAdamsSays

saxena_puru Riveting stuff... we currently have massive tariffs on China, you think investment is gonna increase?

The Donald J.Trump Economy's is 'Going Down ' ask Areosmith.

Good

Have the Trumps divested?

Invest at home, three decades of sending trillions abroad have tremendously effected our Own Country. We created the Chinese economy while we lost jobs at home. American companies need to invest at home.

Well no kidding.... the Trump tariffs are working.

Where are they going?

The real question is are they brining back these jobs to America like Trump claims? The answer is not likely to match up to the BS he’s pushing. These cheap manufacturing labor jobs will just go to Vietnam, Thailand, Mexico, etc.

more winning!

stupidwz holding US stocks n USD is the only way

Is Trump conducting the survey?

It goes both ways tho.

Unfortunately, moving isn't an option for US farmers.

This should have been stopped a decade ago. Investing in China simply boosts chinazi invasion to the FreeWorld!

Our mission at is to build the social media platform that ends fake news

They are in a holding pattern. Why would they invest anywhere when the situation is so unstable?!

TheLastRefuge2 Oh the places we’ll go

Hurray! China now pays for cheating the system for 2 decades!

LOL, China doesn't need investment!!! They're investing all over the world right now.

China 🇨🇳 is crushing Trump... The Chinese people have stopped buying anything American. They are selling their assets in the US. They will sell all their US Treasuries & never buy more. The world no longer trusts the US as a safe haven.

ChinComs are not happy !!!

A bit late but smart thinking for the long run.

The US is about to collapse under Trump.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The US lobster industry latest to get caught in the US-China trade warCNBC's Contessa Brewer reports from Kennebunkport, Maine on how the U.S. lobster is the next item to get caught up in the U.S.-China trade war. Price of Lobster should be going down for Americans. Tarriffs are working. Muh Robster! Be Patriotic order Lobster. Make sure you take your aged garlic first to reduce cholesterol.
Source: CNBC - 🏆 12. / 72 Read more »

German finance minister: Agreement in U.S.-China trade dispute urgently neededGerman Finance Minister Olaf Scholz said on Tuesday that companies around the wo... If you say it louder, the opposite will happen...there's got to be a photo op of a BIG DEAL in the agreement. Hold the meetings in N.Korea so Trump can hawk his coins. Does he know the facts?
Source: Reuters - 🏆 2. / 97 Read more »