U.S. companies are more confident China will further open up to foreign investment in coming years, a top business lobby said on Tuesday, but it cautioned that an “astounding” three-quarters of its members do not feel welcomed by the Chinese government.
The American Chamber of Commerce in China, in a report on its annual membership survey, also said “even-handed enforcement of laws and regulations regardless of shareholder nationality” and an open investment environment were needed to reduce trade frictions between China and the United States.
“After several years of contraction, more companies are expanding investment, yet the growth in investment will remain much slower than historical levels,” the chamber said.
