ENCOURAGING SIGNS

The China General Chamber of Commerce-USA (CGCC) released its annual survey on Chinese enterprises in the U.S. on August 10, showing a bullish trend despite challenges on various fronts. Sixty percent of those surveyed stated that they were committed to the U.S. market, where their investments remained the same.

Another survey released on August 11 by the US-China Business Council (USCBC), representing U.S. businesses in China, showed similar findings. Although negatively affected by the novel coronavirus disease (COVID-19) pandemic and trade tensions, 83 percent of U.S. companies saw China as either the top or among the top five priorities of their companies’ global strategy.

“The parallels are quite fascinating,” said