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Most China Businesses Sticking It Out In U.S. Amid Strains: Survey

China-based retailer Miniso, led by billionaire Ye Guofu, has expanded its network in the U.S. to … [+] more than 100 shops this year. (AP Photo/Mark Schiefelbein)

Copyright 2020 The Associated Press. All rights reserved.

A majority of Chinese companies with operations in the U.S. are looking to maintain or increase their investments in the country despite growing concerns about the outlook for relations between the two nations, according to an annual survey released today by the New York-based China General Chamber of Commerce-USA.

Some 59% of nearly 100 companies surveyed expected their new investments in 2024 to match those of a year earlier; another 29% planned to increase their investments compared with 2023. The results reflect “a commendable sense of optimism, determination, and resilience,” said the mainland business group.

The survey, titled “Annual Business…

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