Concerns about China’s slowing economic growth and “strained” Beijing-Washington relations rank as the top two concerns among members of the American Chamber of Commerce in China this year, according to a chamber survey released on Friday.
The growth concern was raised by 64 per cent of the 368 respondents, making it the leading issue, the annual China Business Climate Survey found.
Fifty-two per cent of respondents reported being profitable or very profitable last year, 6 percentage points more than in 2024, with the service sector – where 61 per cent of companies said they were profitable – registering the strongest gains.
Major financial institutions predict that China’s economy will grow moderately this year, shaped by supportive policy measures and global pressures. Investors worldwide are watching to see how Beijing stokes confidence, treats strategic industries and tames overcapacity.
Chinese tariffs on US imports – fallout from the trade war escalation of last year – also ranked among the main issues of concern for American businesses.
Growth expectations for the technology and research-and-development (R&D) sector had weakened, the survey showed, and worries about US-China technological decoupling remained the “primary obstacle to corporate innovation” among American companies in China, it said.