In a survey among U.S. companies operating in China conducted in June 2022, around 87 percent of respondents stated that their businesses in China were impacted by the US-China trade tensions. The negative impacts of China's industrial policy changes had been deepening since 2019. Found out in the same source, Chinese customers actively migrating away from American company products or services to domestic ones and increased competition from previously non-competitive local companies were major negative effects.
Impacts on U.S. companies operating in China due to China's industrial policy changes from 2019 to 2022
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US-China Business Council. (August 29, 2022). Impacts on U.S. companies operating in China due to China's industrial policy changes from 2019 to 2022 [Graph]. In Statista. Retrieved April 18, 2024, from https://www.statista.com/statistics/1292688/us-business-impacts-due-to-chinas-industrial-policies/
US-China Business Council. "Impacts on U.S. companies operating in China due to China's industrial policy changes from 2019 to 2022." Chart. August 29, 2022. Statista. Accessed April 18, 2024. https://www.statista.com/statistics/1292688/us-business-impacts-due-to-chinas-industrial-policies/
US-China Business Council. (2022). Impacts on U.S. companies operating in China due to China's industrial policy changes from 2019 to 2022. Statista. Statista Inc.. Accessed: April 18, 2024. https://www.statista.com/statistics/1292688/us-business-impacts-due-to-chinas-industrial-policies/
US-China Business Council. "Impacts on U.S. Companies Operating in China Due to China's Industrial Policy Changes from 2019 to 2022." Statista, Statista Inc., 29 Aug 2022, https://www.statista.com/statistics/1292688/us-business-impacts-due-to-chinas-industrial-policies/
US-China Business Council, Impacts on U.S. companies operating in China due to China's industrial policy changes from 2019 to 2022 Statista, https://www.statista.com/statistics/1292688/us-business-impacts-due-to-chinas-industrial-policies/ (last visited April 18, 2024)
Impacts on U.S. companies operating in China due to China's industrial policy changes from 2019 to 2022 [Graph], US-China Business Council, August 29, 2022. [Online]. Available: https://www.statista.com/statistics/1292688/us-business-impacts-due-to-chinas-industrial-policies/