US companies are exhausted but committed in China after 3 years

Mar 01, 2023
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US companies are exhausted but committed in China after 3 years - Michael Hart (AmCham)

Lots didn't make a profit in China last year.

Is China building its own systems, will there be an advantage for Chinese companies, and how big a role will US companies be able to play in China?

Do they feel welcome? Chinese customers definitely want to buy US products. So issues would come more from national sources, and may be pushed back against by consumers who want the best product.

75% said they weren't leaving China. The others are looking at options (derisking, building additional operations in other countries). Sometimes because the companies are asked to do so by their suppliers.
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<div>US companies are exhausted but committed in China after 3 years - Michael Hart (AmCham)<br></div><div><br></div><div>Lots didn't make a profit in China last year.<br></div><div><br></div><div>Is China building its own systems, will there be an advantage for Chinese companies, and how big a role will US companies be able to play in China?<br></div><div> </div><div>Do they feel welcome? Chinese customers definitely want to buy US products. So issues would come more from national sources, and may be pushed back against by consumers who want the best product.<br></div><div><br></div><div>75% said they weren't leaving China. The others are looking at options (derisking, building additional operations in other countries). Sometimes because the companies are asked to do so by their suppliers. <br></div>
US companies are exhausted but committed in China after 3 years - Michael Hart (AmCham)

Lots didn't make a profit in China last year.

Is China building its own systems, will there be an advantage for Chinese companies, and how big a role will US companies be able to play in China?

Do they feel welcome? Chinese customers definitely want to buy US products. So issues would come more from national sources, and may be pushed back against by consumers who want the best product.

75% said they weren't leaving China. The others are looking at options (derisking, building additional operations in other countries). Sometimes because the companies are asked to do so by their suppliers.

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