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.
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