Ross’ comments came during a media roundtable after the release of the Beijing-based chamber’s survey on business sentiment, which collected responses from 109 American companies operating in China over the period of April 18-20 of this year.
The survey results showed respondents were more optimistic about the business outlook in China compared to the previous survey conducted in late 2022, before the government lifted COVID-19 controls. However, more companies are concerned that worsening U.S.-China relations will affect operations. About 87 percent of respondents stated they were at least slightly pessimistic about the two countries’ bilateral relationship, up 14 percentage points from the previous poll.
Michael Hart, president of AmCham China, said the survey showed that American companies feel the overall environment for investment in China is becoming less predictable than before. Micron has said it would cooperate with the probe and that its shipments and operations in China remain unaffected. The review comes amid a wave of export restrictions from Washington in 2022 that targeted China’s chip sector.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China to test out 3D printing technology on moon to build habitatsBEIJING — China will explore using 3D printing technology to construct buildings on the moon, the official China Daily reported on Monday, as Beijing solidifies plans for long-term lunar
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Philippine leaders pay last respects to Albert del RosarioVIPs cite Del Rosario's patriotism for fighting for Philippine sovereignty and for helping Filipinos in troubled areas overseas.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
Hontiveros stresses need for women leaders in gov’t to ensure ‘true’ gender equalitySenator Risa Hontiveros has emphasized the need for women leaders at the policy-making level to ensure “true” gender equality during the recent Global Conference of Parliamentarians on Population and Development in Tokyo.
Source: gmanews - 🏆 11. / 68 Read more »
Party-list group prods Congress leaders: Act on pending wage hike billsA party-list group has asked leaders of both chambers of Congress to act on the pending wage hike bills, saying that it has received significant support from lawmakers who submitted similar proposals. | GabrielLaluINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »
DOST grants ₧1 million to Davao del Sur school for scholarship registry | Manuel CayonDAVAO CITY—The industry and technology unit of the Department of Science and Technology (DOST) granted a P1 million fund to the University of Mindanao (UM) Digos to develop its own scholarship monitoring and skills registry. DOST’s Philippine Council for Industry, Energy and Emerging Technology, Research and Development (DOST-PCIEERD) announced it…
Source: BusinessMirror - 🏆 19. / 59 Read more »
Smart, Globe welcome 90-day SIM registration extensionTelcos Smart Communications Inc. and Globe Telecom Inc. welcomed the government’s decision to extend the SIM registration period for another 90 days, beyond the original April 26 deadline.
Source: gmanews - 🏆 11. / 68 Read more »