American businesses in China see their industries growing this year after the Covid-19 pandemic dented profits in 2020 despite Beijing’s quick containment of the virus outbreak, a survey by the American Chamber of Commerce shows.Some 81% of the 345 respondents expect industry growth this year and 45% see relations with the U.S.
improving, a jump of 15 percentage points from last year, according to a report released on Tuesday.Also Read | Australia’s prime time battle against big techHalf said the investment environment is improving and just 12% said it is deteriorating, the lowest proportion since the question was first introduced in the survey in 2012.