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AMCHAM SHANGHAI
Apple’s Tim Cook joins CEO summit with China premier as economy sagsCook, who’s visiting the country for at least the third time this year, joined top executives of global firms including Rio Tinto Plc, Corn...- US businesses' optimism in China falls to record low, survey showsU.S. businesses are losing confidence in China due to political tensions, slowing economic growth, and fierce domestic competition. A surve...
- China rushes to swap Western tech with domestic options as US cracks downChina is increasing its spending on domestic technology to replace Western-made products as the US tightens restrictions on high-tech expor...
- Foreign business lobbies warn working in China harder than everUS firms in China now report "record-low" optimism and are increasingly looking to move investment away from the country, the American Cham...
- Chinese make travel plans as curbs easeZero-Covid measures in place since early 2020 - from shuttered borders to frequent lockdowns - last month fuelled the Chinese mainland's bi...
- China's factory, service sectors shake off 3 months of lockdown pain, PMI rises to 50.5 in MayWhile activity has sped up since various COVID lockdowns imposed since March have been rolled back, headwinds persist, including a still su...
- Shanghai COVID curbs prompt half of U.S. firms to cut revenue forecasts: SurveyMore than half, or 54%, have cut 2022 revenue projections following the outbreak, though 38% said it was too early to estimate the impact.
- US invites China to trade talks as tariffs loomThe invitation comes amid a swelling chorus of opposition to tariffs from Western business circles.
- Costs driving US manufacturing firms out of China: AmChamChina is loosing some of its attractiveness to foreign investors as rising costs are forcing some US manufacturing firms to leave the count...
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