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MNI BRIEF: U.S. Firms In China Expecting More Profits In 2024

MNI (BEIJING)
MNI (Beijing)

U.S. firms in China have increased profit expectations and lowered risk assessment for U.S. China relations for 2024, according to a report by the American Chamber of Commerce on Thursday.

Firms with an optimistic or slightly optimistic outlook on the economy increased to 38% from 32% last year. While companies feeling pessimistic on U.S. China relations fell from 36% in 2023 to 17% this year. In terms of FDI, firms that believe the Chinese government comittment to open up its economy reached 43%, up from 32% last year.

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U.S. firms in China have increased profit expectations and lowered risk assessment for U.S. China relations for 2024, according to a report by the American Chamber of Commerce on Thursday.

Firms with an optimistic or slightly optimistic outlook on the economy increased to 38% from 32% last year. While companies feeling pessimistic on U.S. China relations fell from 36% in 2023 to 17% this year. In terms of FDI, firms that believe the Chinese government comittment to open up its economy reached 43%, up from 32% last year.

Keep reading...Show less