SHANGHAI, China ― Political tensions, China's slowing economic growth and fierce domestic competition are sapping the confidence of US businesses in the country, with optimism about their five-year outlook falling to a record low, a survey showed.

Only 47 percent of US firms were optimistic about their five-year China business outlook, a drop of 5 percentage points from last year, according to the survey published on Thursday by the American Chamber of Commerce in Shanghai.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details