Foreign firms bullish on China market
Survey shows players still committed to country, buoyed by business prospects
About 62 percent of foreign companies in China have chosen not to shift their investments out of the country, as they believe that the nation has large room for further development, according to a recent survey.
Among these foreign-funded enterprises, 66 percent of US companies said they remain committed to the Chinese market, representing the highest proportion of all businesses studied, according to the 2024 Special Report on the State of Business in South China.
The report was released by the American Chamber of Commerce in South China, or AmCham South China, on Tuesday. It is based on interviews with 183 member companies late last year.