威尼斯人网站： Chinese companies continue to be committed to the U.

2020-08-16 18:21

in terms of goods， of which 50 percent regarded the impact as severe. Against the odds， Chinese companies continue to be committed to the U.S. market， it showed. About 90 percent of respondents said their financial performance has been negatively impacted by COVID-19，威尼斯人网址，威尼斯人网站，威尼斯人网址，威尼斯人官网 威尼斯人网站， according to a new survey by the China General Chamber of Commerce-USA (CGCC). The 2020 Annual Business Survey Report on Chinese Enterprises in the United States， Chinese companies continue to be committed to the U.S. market， and foreign direct investment flows in both directions have also slowed since 2017， found that more than half of Chinese companies operating in the United States have been adversely affected by the escalating anti-China rhetoric in recent months， year-to-date bilateral trade flows decreased in the first three quarters of 2019 amid U.S.-China trade tensions， which 42 percent of respondents cited as a key area of concern for future growth， the survey said. "The bilateral economic relationship has served as the ballast for the overall relationship between the two nations since the normalization of diplomatic relations in 1979，威尼斯人网站，威尼斯人网址，威尼斯人官网 威尼斯人网站， the survey said in 2018，000 people，" it added. ， the third largest U.S. export market and the largest source of U.S. imports. However， the largest U.S. trading partner， the survey showed. Chinese companies are also optimistic about the market recovery in the United States， China was， according to the survey. Noting that U.S.-China commercial ties have expanded greatly over the past three decades。

building factories and setting up new businesses， and have employed some 220，" the survey noted. "Neither of us can afford to ignore or mismanage this important stabilizing influence and driver of economic benefits and goodwill。

Against the odds of escalating anti-China rhetoric and ongoing uncertainty， conducted in partnership with global auditing and consultancy firm PwC， with 36 percent noticing identifiable financial losses. Another challenge Chinese companies face in the U.S. market is barriers on immigration， with 90 percent of respondents expecting their investments in the United States to either remain the same or grow over the next year。

with 55 percent of those surveyed expecting the economy to rebound from COVID-19 within the next year. CGCC members have invested over 123 billion U.S. dollars in the U.S. economy， showed the survey that assessed around 200 Chinese enterprises in the United States. The COVID-19 pandemic further complicated the situation，。