Why Californian wine will soon cost more in Beijing

But what could hurt the US is reduced Chinese investment. The US-China Business Council has warned that exports to China from the US were down about 7% last year because of the trade war. And it is having an impact on future Chinese investment too, according to an April survey conducted by the US-China Business Council. "While most executives reported plans to maintain or accelerate investment in each other's markets in the next year, most who indicated they would be curtailing such investments were Chinese," said Anna Ashton, director of business advisory services at the US-China Business Council.