Foreign firms say China’s economic woes, geopolitical feuds won’t scare them off, but they’re investing less

Foreign firms are curbing their expansion plans in China amid what they expect will be an enduring economic slowdown and an escalation in US-China trade tensions, yet most of them are still opting to maintain their foothold in the vast market, according to the latest findings.

In a survey by the American Chamber of Commerce (AmCham) in South China, involving 183 respondents polled from October 9 to December 31, 49 per cent were from the US, 35 per cent were from China and the rest were from other regions, including Europe.