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U.S.-China Trade and Business Climate: Insights from Michael Hart

The Decline in U.S. Business Optimism Toward China

In a recent interview, Michael Hart, representing AmCham China, discusses the shifting landscape of American companies’ engagement with China. He emphasizes that recent years, particularly the COVID-19 zero policy, have deeply impacted American businesses’ confidence in China as an investment destination. The prolonged pandemic measures have worn down companies operationally, creating a compounded sense of uncertainty and fatigue. Coupled with China's slowing economic growth — once characterized by rapid expansion — the outlook has become more cautious.