US firms in China optimistic about prospects, poll finds | govt.chinadaily.com.cn

A majority of United States companies operating in China are optimistic about profits and are investing more to anchor onto China’s anticipated future growth, according to a new survey. Of companies surveyed by the American Chamber of Commerce in Shanghai and consultancy PwC, 82.2 percent said they projected revenue growth in 2021, a return to the levels of confidence last seen before the height of US-China trade tensions. Of the 338 companies participating in the annual survey, which is in its 23rd year, nearly 80 percent described themselves as either “optimistic” or “slightly optimistic” about the five-year business outlook in…