WASHINGTON (AP) — American companies in China are reporting record-low investment plans and declining confidence in profits this year. A survey by the U.S.-China Business Council, released Wednesday, highlights concerns over U.S.-China relations, tariffs, and export controls. Conducted between March and May, it shows over half of surveyed companies have no new investment plans in China. Many cite challenges like weak demand, overcapacity, and U.S. export restrictions on high-tech products. While 82% reported profits in 2024, fewer than half feel optimistic about the future. Additionally, a record number of businesses are considering relocating operations outside China due to ongoing uncertainties.
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