Most US firms in China optimistic about Biden administration: Biz group

Topics Joe Biden | China | USA

BEIJING (Reuters) - Over 60% of American businesses in China are more optimistic about doing business in China after the results of the United States presidential election, according to a business group survey released on Friday. However, nearly one third of companies believed China-U.

S. trade tensions will continue indefinitely, according to a survey of 124 companies by the American Chamber of Commerce in Shanghai, which also found that 33% of company heads are concerned for the personal safety of employees in China as a result of exit.

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