China Important for U.S. Investors Despite ‘Decoupling’ Policy

The American Chamber of Commerce in China conducted a survey of some 210 companies from the U.S., Europe, Japan and other countries and found that 90% of the respondents found China to be one of their most important investment destinations. Some 75% of them plan to reinvest in China and 68% of U.S. companies are intent on digging deeper into China. According to the Chamber, more than half of the surveyed companies gained over 30% of their global revenue from China. The companies’ profitability showed signs of improvement in 2022. Around 88% of them gained profits in China, an increase of 6%. Up to 90% of U.S. companies achieved profitability.