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Most US firms in China optimistic about Biden administration: Biz group

Over 60% of American businesses in China are more optimistic about doing business in China after the results of the United States presidential election

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Joe Biden | China | USA

Reuters  |  BEIJING 

BEIJING (Reuters) - Over 60% of American businesses in China are more optimistic about doing business in China after the results of the United States presidential election, according to a business group survey released on Friday. However, nearly one third of companies believed China-U.S. trade tensions will continue indefinitely, according to a survey of 124 companies by the American Chamber of Commerce in Shanghai, which also found that 33% of company heads are concerned for the personal safety of employees in China as a result of exit bans or detentions. Most respondents to the ...

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First Published: Fri, November 20 2020. 08:12 IST
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