US Business Confidence in China Rebounds After Trade Truce, With Domestic Competition Top Concern
Updated
Updated · Nikkei Asia · Sep 10
US Business Confidence in China Rebounds After Trade Truce, With Domestic Competition Top Concern
3 articles · Updated · Nikkei Asia · Sep 10
Summary
American business confidence in China rose from record lows in a survey released Thursday, signaling a rebound after Washington and Beijing reached a trade truce.
The improvement followed reduced uncertainty over tariffs and export controls, two issues that had weighed heavily on US companies operating in China.
Domestic competition, not bilateral tensions, ranked as the top concern in the survey, suggesting business worries have shifted from geopolitics to pressure inside the Chinese market.