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US companies upbeat about future in China as they shake off Covid-19 effects, tension: AmCham survey



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American businesses in China have bounced quickly from the Covid-19 related shutdown last year, with most companies optimistic about profits and investment despite lingering tension between the world’s two largest economies, according to a survey.The study conducted by the American Chamber of Commerce in Shanghai (AmCham) also found that the existing travel restrictions by Beijing have made it difficult for US companies to attract and retain foreign talent.“Businesses in China recovered quickly…

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