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Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows

A recent survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long term despite growing concerns about U.S.-China relations and the broader business environment. 

The annual survey conducted by the China General Chamber of Commerce in the U.S. found that nearly 60% of companies aim to maintain a stable level of investment and that about 30% plan to boost it. 

"A notable degree of long-term optimism persisted, with the majority expressing positive future revenue expectations," CGCC said, adding that the survey reflected "a commendable sense of optimism, determination, and resilience." 

The survey was conducted in April and May of this year, polling nearly 100 Chinese companies across various industries about performance and outlook.

The report said Chinese firms remain committed to the U.S. market despite growing negative sentiment about the overall business environment amid rising trade tensions between the world's two largest economies. 

Over 60% of survey respondents saw a deteriorating business environment in the U.S. Meanwhile, the rate of concern regarding a "stalemate in Sino-US bilateral relations political and cultural relations" surged to 93% from 81% a year prior.

Over the past year, the Biden administration has ramped up curbs on Chinese businesses, scrutinizing certain China-dominated industries, placing new sanctions on various Chinese firms and goods and trying to outright block Chinese ownership of certain companies and platforms.

In the survey, more than 65% of respondents identified a "complexity and vagueness" of U.S. regulatory and sanction policies toward Chinese companies as the main challenge in branding and marketing in the U.S.

"Pervasive anti-China sentiment in