A survey shows that American companies' optimism of China has fallen to a record low, and China's zero -epidemic prevention and clearing policy has led to more than half of the company's delayed or canceling investment in China.
Bloomberg reported that according to a survey of the National Committee of the United States and China Trade, the economic suspension of the epidemic -related economic discontinuation caused a headache more than the American and China relations.Only 51%of the interviewed companies have expressed their optimism to a certain degree of business prospects in the next five years, and the proportion is much lower than 69%last year.
This report released on Monday (August 29), US time, shows that "in view of the prevalence of epidemic prevention blocking measures may stop some businesses, coupled with local control measures or affect consumer needs, US companies' business environment for the business environmentConfidence weakened. "About 96 % of the companies interviewed were negatively affected by Chinese epidemic prevention measures, and more than half of the companies suspended, delayed or canceled their investment plans in China.
Due to Chinese policies and measures such as epidemic prevention and data security, US companies' new investment in China is expected to slow in 2023.17 % of companies say that investment worth more than 50 million US dollars is affected by epidemic prevention and control measures.
Craig Allen, president of the US -China Trade Commission, said in a statement that "it is unclear whether this suspension is temporarily temporarily or a longer -term trend."He also said that in addition to the long -term concerns about China's industrial policy may not be conducive to foreign companies, new concerns such as geopolitical tensions or data security are becoming more prominent.Interests.
The survey shows that it is difficult for foreign companies to retain foreign employees and recruit newcomers in China.The report added: "Most of the executives in the United States have been unable to go to China to inspect business, employees and visit customers, which further exacerbates concerns about market conditions."
At the same timeThe leadership stated that the Chinese market will still be open to foreign companies, but the tedious regulatory regulations increase the compliance cost of business.
Nearly 90 % of the interviewed companies said that their Chinese business has achieved profit last year, but this year will almost definitely decline.In the first seven months of this year, foreign businessmen, Hong Kong, Macao and Taiwan business -investment enterprises achieved total profits decreased by 14.5%year -on -year, a decrease of more than 13.9%of January to June.
"Geopolical pressure is infiltrating into the business field, and companies that rely on stable and predictable trading environment are facing increasingly challenging situations." The report said."Because the tension between China and the United States continues to threaten the competitiveness of the US company in the Chinese market, Chinese customers have practical concerns about whether they can continue to obtain American technology. This vigilant trend may be difficult to reverse."
Allen is worried that the economic relationship between China and the United States has not received the attention.He said: "In such a tense moment, we should seize any opportunity to be stable." He also urged "the two countries have been making persistent efforts on the basis of the business that have been established in the past few decades to solve the prominent obstacles to the development of business in China."Essence
The nearly quarter of the interviewing companies have moved some of the supply chain out of China in the past 12 months.area.
Half of the interviewed companies said that the current environment makes foreign investment more difficult to sell products to the Chinese government and state -owned enterprises than before.
This survey was conducted in June, and the survey target was 117 member of the US -China Trade Commission.
