A truck drives past containers at the Port of Ningbo-Zhoushan in Ningbo, Zhejiang Province, China, on May 28, 2025. Hector RETAMAL / AFP via Getty Images
A record-high proportion of U.S. companies in China have frozen new investment plans, with tariffs and U.S.–China relations among their top concerns, a new survey has found.
Other top concerns include the tight regulatory controls of the ruling Chinese Communist Party (CCP), such as export restrictions, sanctions, and investment screenings; Chinese industrial policies that favor domestic companies; China’s slowing economic growth and lack of domestic demand; the CCP’s opaque business environment; and industrial overcapacity that is affecting a broader range of sectors.
