Survey: Slowing Chinese economy is the top worry for US businesses in China

An American Chamber of Commerce in China survey of 368 companies found 64% named slowing Chinese growth as their main concern, while 58% cited U.S.-China trade tensions.

A new survey by the American Chamber of Commerce in China found that U.S. companies are more concerned about slowing Chinese economic growth than about trade friction. The poll was conducted between Oct. 22 and Nov. 20 and had 368 respondents. Sixty-four percent identified slowing growth as their top worry and 58% cited U.S.-China trade tensions as a key challenge. The report also noted that more than half of respondents estimated they made a profit in 2025, up from less than half the year before. Key findings: - 368 companies responded to the AmCham China survey conducted Oct. 22–Nov. 20. - 64% said slowing growth in China was their top concern; 58% listed U.S.-China trade tensions. - More than half reported profits in 2025, and 48% expressed optimism about growing their markets in China over the next two years, up from 37% the prior year. - Chinese government data cited in the report showed foreign direct investment at 693 billion yuan in the first 11 months of 2025, down 7.5% year-on-year. Summary: The survey points to business concerns concentrated on China's slower economic growth while trade tensions remain a significant challenge. Overall sentiment has improved from the previous year, with more firms reporting profitability and greater optimism about market expansion. The report noted upcoming high-level bilateral meetings between U.S. and Chinese leaders as developments that may influence the business environment.