US companies canceling investment into China at a faster clip

https://www.cnbc.com/2019/09/11/trade-war-amcham-survey-shows-tariffs-weigh-on-us-businesses-in-china.html



KEY POINTS

• ·The American Chamber of Commerce in Shanghai says its latest member survey shows many U.S. businesses in China are getting hurt by tariffs, prompting them to move more quickly away from the Asian country.
  

• ·U.S. firms in the mainland said restrictions to accessing the local market have also made it difficult for them to carry out their business, the AmCham report said.
  

• ·The AmCham research, conducted in partnership with PwC, surveyed 333 American companies on the business climate in China.