Part 3/12:
Michael Hart, the president of AmCham China, highlighted that while most companies are not leaving the Chinese market entirely, the pivot towards alternative options is notable. He warned Chinese policymakers to pay attention to these developments, emphasizing that 51% of respondents expect U.S.-China relations to deteriorate further by 2025—the most pessimistic outlook in five years. An alarming 63% identified U.S. engagement shifts as one of their top five business challenges. Although the proportion of companies relocating or modifying procurement strategies has increased to 17%, nearly half still view China as a top investment priority, with over half planning to increase investments by 2025.