In a survey among U.S. companies operating in China conducted in June 2022, about 44 percent of respondents stated that if China's COVID strategy changes, their views of the Chinese market would be reversible but it will take years to restore confidence. Collectively, 86 percent of U.S. companies surveyed believed that they would view the Chinese market positively when China changes its COVID-19 measures.
If negative impacts of China's COVID control measures on U.S. companies' views of the Chinese market reversible as of June 2022
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The industry distribution of the surveyed companies is as follows:
39% in the manufacturing industry, 39% in the service industry, 24% in the tech-intensity industry, 10% in the energy sector, 4% in the agriculture sector, and 11% in others.
Original question: Are the negative impacts of China's current COVID control measures on your company's views of the China market reversible if or when the country's COVID strategy changes?
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US-China Business Council. (August 29, 2022). If negative impacts of China's COVID control measures on U.S. companies' views of the Chinese market reversible as of June 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1363132/china-us-companies-views-of-chinese-market-after-covid/
US-China Business Council. "If negative impacts of China's COVID control measures on U.S. companies' views of the Chinese market reversible as of June 2022." Chart. August 29, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1363132/china-us-companies-views-of-chinese-market-after-covid/
US-China Business Council. (2022). If negative impacts of China's COVID control measures on U.S. companies' views of the Chinese market reversible as of June 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1363132/china-us-companies-views-of-chinese-market-after-covid/
US-China Business Council. "If Negative Impacts of China's Covid Control Measures on U.S. Companies' Views of The Chinese Market Reversible as of June 2022." Statista, Statista Inc., 29 Aug 2022, https://www.statista.com/statistics/1363132/china-us-companies-views-of-chinese-market-after-covid/
US-China Business Council, If negative impacts of China's COVID control measures on U.S. companies' views of the Chinese market reversible as of June 2022 Statista, https://www.statista.com/statistics/1363132/china-us-companies-views-of-chinese-market-after-covid/ (last visited July 22, 2024)
If negative impacts of China's COVID control measures on U.S. companies' views of the Chinese market reversible as of June 2022 [Graph], US-China Business Council, August 29, 2022. [Online]. Available: https://www.statista.com/statistics/1363132/china-us-companies-views-of-chinese-market-after-covid/
