Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows

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A survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long-term despite concerns about U.S.-China relations.

About 90% of Chinese enterprises in the U.S. plan to maintain or boost their investment levels in the country, according to the survey.in the U.S. has found that a majority remain bullish on the market long term despite growing concerns about U.S.-China relations and the broader business environment.The annual survey conducted by the China General Chamber of Commerce in the U.S. found that nearly 60% of companies aim to maintain a stable level of investment and that about 30% plan to boost it.

The survey was conducted in April and May of this year, polling nearly 100 Chinese companies across various industries about performance and outlook. "Pervasive anti-China sentiment in American public opinion" was ranked as the second largest branding and marketing challenge, according to 59% of respondents.

The survey said a challenging market environment has broadly impacted Chinese companies' profitability levels, with firms facing a"significant performance downturn" last year similar to that of 2020 during the coronavirus pandemic.

 

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