Skip to content

BBC Chinese: U.S. Investors Are Losing Confidence in China

BBC Chinese recently reported that, based on survey results that the Chinese American Chamber of Commerce released, less than 30 percent of the members of the Chamber thought that the environment for investors is improving in China. Over the past few months, the Chinese government and the state-run media have criticized many foreign companies in a number of industries, such as medicine, infant formula, smart phones, and coffee products. The same survey conducted last year showed that 43 percent of the people questioned expressed the belief that the investment environment in China was improving. The Chamber suggested that the loss in confidence was partially related to the new regulations on foreign investments that the government implemented at the end of 2011. At that time, the government introduced many new limitations and a lack of transparency in government licensing processes. The Chinese American Chamber of Commerce is a non-profit organization that represents over 1,000 U.S. companies and over 3,500 individuals who have invested in China. 
Source: BBC Chinese, October 24, 2013