American Companies Still Optimistic About China Business Outlook

The US-China Business Council (USCBC) found that nearly 70% of member companies said they are optimistic about the five-year business outlook in China, the group reported Tuesday. Its survey showed that 83% counted China as either the top priority for their company’s global strategy or among the top five. At the same time, 86% of the organization’s more than 200 member companies reported that bilateral trade tensions have affected their business in China.