US Firms Double Down on China as Profitability Rebounds, Growth Worries Rank No. 2
Updated
Updated · Nikkei Asia · Jun 10
US Firms Double Down on China as Profitability Rebounds, Growth Worries Rank No. 2
3 articles · Updated · Nikkei Asia · Jun 10
Summary
American companies are leaning further into China after an annual business council survey showed profitability recovering, signaling a firmer commitment despite a tougher operating backdrop.
Tariffs still weighed on respondents, while concern about China’s slowing economy climbed to the No. 2 challenge this year from No. 5 previously.
The survey points to a split view of the market: earnings prospects are improving, but weakening growth and trade frictions continue to cloud business sentiment.
That mix suggests U.S. firms still see China as strategically important, even as policy costs and macroeconomic weakness make expansion harder.