Foreign Companies Less Confident in China

Foreign companies in China are feeling less confident about investing there, citing concerns of slowing economic growth and political tensions with the US, The Wall Street Journal reported, citing an annual survey by an American business group.

Less than one-half of members surveyed by the American Chamber of Commerce in China said they were optimistic that the Chinese government was committed to opening its market to more foreign investment over the next three years, down from 61% a year earlier.

Read the full report: The Wall Street Journal

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Tags: AmCham

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.