Tensions between Beijing and Washington are the biggest worry for US companies in China, report says

FILE - A hostess walks by the national flags of the United States and China ahead of the bilateral meeting between U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng, at the Guangdong Zhudao Guest House in southern China's Guangdong province, April 6, 2024. Simmering tensions between Beijing and Washington remain the top worry for U.S. companies operating in China, according to a report by the American Chamber of Commerce in China released Tuesday, April 23, 2024.

“We recognize that there are significant areas of contention in the U.S.-China relationship, many of which have no easy or short-term prospects for resolution," it said. Still, many members of the American Chamber said they were more optimistic about growth of China's own economy. The report also had recommendations for the U.S. side, including providing clear visa policies for Chinese students to show they will be welcomed. Similarly, American students should be encouraged toIt also called on U.S. officials to avoid resorting to unilateral controls that may be ineffective and fail to meet goals for national security and foreign policy.

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Tensions between Beijing and Washington are the biggest worry for US companies in China, report saysA report by the American Chamber of Commerce in China says that simmering tensions between Beijing and Washington remain the top worry for U.S. companies operating in China. The survey of American companies said inconsistent and unclear policies and enforcement, rising labor costs and data security issues were other top concerns.
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