AIRLINK 140.75 Decreased By ▼ -12.57 (-8.2%)
BOP 9.18 Decreased By ▼ -0.61 (-6.23%)
CNERGY 6.58 Decreased By ▼ -0.51 (-7.19%)
CPHL 74.55 Decreased By ▼ -7.16 (-8.76%)
FCCL 42.85 Decreased By ▼ -1.19 (-2.7%)
FFL 13.54 Decreased By ▼ -1.09 (-7.45%)
FLYNG 34.87 Decreased By ▼ -1.80 (-4.91%)
HUBC 127.28 Decreased By ▼ -6.19 (-4.64%)
HUMNL 12.10 Decreased By ▼ -0.75 (-5.84%)
KEL 4.22 Decreased By ▼ -0.16 (-3.65%)
KOSM 4.87 Decreased By ▼ -0.55 (-10.15%)
MLCF 67.09 Decreased By ▼ -3.11 (-4.43%)
OGDC 196.63 Decreased By ▼ -6.30 (-3.1%)
PACE 4.57 Decreased By ▼ -0.52 (-10.22%)
PAEL 40.61 Decreased By ▼ -2.49 (-5.78%)
PIAHCLA 15.09 Decreased By ▼ -1.38 (-8.38%)
PIBTL 7.89 Decreased By ▼ -0.93 (-10.54%)
POWER 13.91 Decreased By ▼ -0.49 (-3.4%)
PPL 145.28 Decreased By ▼ -6.52 (-4.3%)
PRL 26.95 Decreased By ▼ -2.57 (-8.71%)
PTC 19.35 Decreased By ▼ -1.04 (-5.1%)
SEARL 74.05 Decreased By ▼ -7.46 (-9.15%)
SSGC 32.47 Decreased By ▼ -3.61 (-10.01%)
SYM 13.52 Decreased By ▼ -1.06 (-7.27%)
TELE 6.39 Decreased By ▼ -0.62 (-8.84%)
TPLP 7.65 Decreased By ▼ -0.67 (-8.05%)
TRG 58.99 Decreased By ▼ -5.09 (-7.94%)
WAVESAPP 8.71 Decreased By ▼ -0.93 (-9.65%)
WTL 1.22 Decreased By ▼ -0.11 (-8.27%)
YOUW 3.35 Decreased By ▼ -0.30 (-8.22%)
AIRLINK 140.75 Decreased By ▼ -12.57 (-8.2%)
BOP 9.18 Decreased By ▼ -0.61 (-6.23%)
CNERGY 6.58 Decreased By ▼ -0.51 (-7.19%)
CPHL 74.55 Decreased By ▼ -7.16 (-8.76%)
FCCL 42.85 Decreased By ▼ -1.19 (-2.7%)
FFL 13.54 Decreased By ▼ -1.09 (-7.45%)
FLYNG 34.87 Decreased By ▼ -1.80 (-4.91%)
HUBC 127.28 Decreased By ▼ -6.19 (-4.64%)
HUMNL 12.10 Decreased By ▼ -0.75 (-5.84%)
KEL 4.22 Decreased By ▼ -0.16 (-3.65%)
KOSM 4.87 Decreased By ▼ -0.55 (-10.15%)
MLCF 67.09 Decreased By ▼ -3.11 (-4.43%)
OGDC 196.63 Decreased By ▼ -6.30 (-3.1%)
PACE 4.57 Decreased By ▼ -0.52 (-10.22%)
PAEL 40.61 Decreased By ▼ -2.49 (-5.78%)
PIAHCLA 15.09 Decreased By ▼ -1.38 (-8.38%)
PIBTL 7.89 Decreased By ▼ -0.93 (-10.54%)
POWER 13.91 Decreased By ▼ -0.49 (-3.4%)
PPL 145.28 Decreased By ▼ -6.52 (-4.3%)
PRL 26.95 Decreased By ▼ -2.57 (-8.71%)
PTC 19.35 Decreased By ▼ -1.04 (-5.1%)
SEARL 74.05 Decreased By ▼ -7.46 (-9.15%)
SSGC 32.47 Decreased By ▼ -3.61 (-10.01%)
SYM 13.52 Decreased By ▼ -1.06 (-7.27%)
TELE 6.39 Decreased By ▼ -0.62 (-8.84%)
TPLP 7.65 Decreased By ▼ -0.67 (-8.05%)
TRG 58.99 Decreased By ▼ -5.09 (-7.94%)
WAVESAPP 8.71 Decreased By ▼ -0.93 (-9.65%)
WTL 1.22 Decreased By ▼ -0.11 (-8.27%)
YOUW 3.35 Decreased By ▼ -0.30 (-8.22%)
BR100 11,680 Decreased By -430.7 (-3.56%)
BR30 33,571 Decreased By -1768.2 (-5%)
KSE100 110,009 Decreased By -3559.5 (-3.13%)
KSE30 33,609 Decreased By -1071.3 (-3.09%)

SHANGHAI: More than half of the American businesses in China, the highest level in five years, say they are concerned about a further deterioration in the bilateral relationship between the world’s two largest economies, a survey published on Thursday shows.

The annual survey by the American Chamber of Commerce (AmCham) in China showed 51% of respondents were concerned about a future deterioration in the U.S.-China relationship.

It was released just days after U.S. President Donald Trump took office for a second term with the threat of increasing trade tariffs on Chinese imports.

“A stable and constructive relationship, grounded in economic and trade ties, is critical not only for the prosperity of our two nations but also for global economic stability,” said AmCham China Chair Alvin Liu.

Geopolitical tensions, policy uncertainties, and trade disputes were major concerns of U.S. businesses in China, AmCham China said.

The survey of 368 AmCham China member companies was completed between October and November last year, partly after Trump won the presidential election on Nov. 5.

His previous term as president was marked by a U.S.-China trade war and general decline in diplomatic goodwill between the two countries that did not markedly improve during President Joe Biden’s tenure.

On Tuesday, Trump said his administration was discussing a 10% punitive duty on Chinese imports that could be imposed from Feb. 1 in relation to China’s part in the global supply chain of fentanyl.

Almost half of the respondents still rank China as a top-three global investment priority, around the same level as last year.

Implications of the US-China trade war

However, the proportion of companies that no longer list China as a preferred investment destination has more than doubled to 21% compared with pre-pandemic levels and rose three percentage points from last year’s survey.

Also around the same level as last year are the proportion of firms reporting unfair treatment in China compared with local firms - around a third of businesses - particularly in relation to market access and public procurement.

Comments

200 characters