National Security Concerns in China are Hindering Business Growth, According to US Trade Association.

Quick Summary:

A US business lobby has issued a report asking for clear guidelines on what activity is acceptable under China’s new security laws, as well as other suggestions for improving investor confidence.

However, in the chamber’s document – which outlined concerns and made proposals to both the Chinese and US governments – surveyed American firms said they remain “cautious” in their investments.

Often it means made in China by a Chinese company,” Stein said.“What we are seeing is the number of sectors where that applies seems to be growing, not contracting.

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Article Details

Author / Journalist: Kinling Lo

Category: Business

Markets: Hong KongChina

Topics: Business Companies Policy Stein Foreign Security Investment Made China National American

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-23 @ 20:00:13 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 692 words

Reading Time: 4 minutes read

Sentences: 15 lines

Sentence Length: 47 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 20770198

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