Most U.S. companies plan to stay in China and ride out trade unrest

Craig Allen, president of the council, said loss of business in the Chinese market from the trade war could have long-term, negative impacts for American companies. Foto: Paul J. RICHARDS and Ed Jones / AFP

When President Donald Trump ordered American companies last week to break off ties with China, he gave a directive that conflicts with the plans of a vast majority of large U.S. firms doing business there.

That's according to a new survey of U.S.-China Business Council members. Eighty-seven percent of respondents said they neither have moved nor plan to shift operations out of China, compared with 90% in a 2018 survey. Only 3% said their China operations were unprofitable, unchanged from a year ago...

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