Nearly 70% of US companies expect revenue growth in China to outpace their worldwide growth: AmCham report


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Despite heightened tensions impacting China-US relations and the US' push toward "decoupling" from China, nearly 70 percent of US companies operating in China expect revenue growth in the market to outpace their worldwide growth over the next three to five years, according to a new report released by the American Chamber Commerce (AmCham) in Shanghai on Thursday. China-US (Photo:Xinhua) American businesses in China bounced back quickly from the 2020 COVID-19-induced shutdown, and most companies are optimistic about profits and investing more to take advantage of China's anticipated future growth, the 2021 China Business Report revealed. Of the 338 respondents surveyed,...