That’s according to a new survey of U.S.-China Business Council members. Eighty-seven percent of respondents said they neither have moved nor plan to shift operations out of China, compared with 90% in a 2018 survey. Only 3% said their China operations were unprofitable, unchanged from a year ago.
“The majority of American companies surveyed remain committed to the China market and few are currently divesting existing operations,” according to the survey results released Thursday in Washington.
The survey, reaching about 100 members of the council, was conducted over three weeks in June. The relationship between the U.S. and Chinese governments has soured since, with on-again, off-again negotiations that have created uncertainty for investment plans.