US firms in China see gloomy year ahead over trade ties

BEIJING: US companies in China forecast a gloomy year ahead, with many worrying about a deterioration in trade ties and nearly a quarter delaying investments, a survey showed yesterday.

The report was released two days after US President Donald Trump said he would delay a planned further hike in tariffs on Chinese goods this week after he and Beijing hailed"substantial progress" in trade negotiations.

Source: News Formal (newsformal.com)

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US: Wall St trims gains as US, China struggle over gaps in trade issues[NEW YORK] US stocks were higher in afternoon trading on Friday but pared gains after US officials said the United States and China still have issues to resolve in their ongoing trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Oil hits 2019 highs on US-China trade hopes, but US output weighs[NEW YORK] Oil prices touched their highest since mid-November on Friday and posted weekly gains for the second week in a row, boosted by hopes that US-China trade talks would soon produce a deal, although new record US oil supply limited gains. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US firms in China less optimistic about 2019BEIJING - In the face of declining profitability and longstanding issues such as inconsistent regulations, American firms in China have tempered their growth and investment outlooks for 2019, a new report has said.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

US lawmakers, industry fret over Trump's China trade deal eagernessWASHINGTON: President Donald Trump's decision to delay a steep tariff hike on Chinese goods as he touted progress in weekend trade talks was ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US stocks rise on China trade talks progressNEW YORK: Wall Street stocks finished modestly higher on Monday (Feb 25) on renewed optimism about a potential US-China trade deal, and ahead of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US: Stocks rise on China trade talks progress[NEW YORK] Wall Street stocks finished modestly higher on Monday on renewed optimism about a potential US-China trade deal, and ahead of key economic data releases. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Commentary: US, China postpone trade deal deadline but cannot avoid eventual day of reckoningBEIJING: The US and China have opted for a convenient if short-term fix for their tough trade talks, pushing back the March 1 deadline in the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

A China-US trade deal is likely to be only a truceNo one’s tweets move markets like Donald Trump’s. After the United States president confirmed he was postponing lifting punitive tariffs on US$200 billion of Chinese imports to 25 per cent thanks to “productive” trade talks, everything from global equities to oil prices and the Australian do
Source: TODAYonline - 🏆 1. / 99 Read more »

Commentary: US trade negotiators risk underestimating ChinaThe US economy’s current strength appears fleeting. Its short-term resilience is already faltering and, in view of worrisome long-term ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US-China trade: tariff and non-tariff barriersU.S. President Donald Trump said this week he may soon sign a deal with Chinese President Xi Jinping to end a trade war blamed for slowing global ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »