October 4, 2023

Western firms in China are the gloomiest they’ve been about the outlook for business and want Beijing to do more to reassure foreign investors as geopolitical tensions and economic woes dent sentiment.

That’s according to a pair of business chamber reports published Tuesday gauging views among American and European companies operating in the world’s second-largest economy. The releases found that optimism among some firms about China is at record lows, and that authorities aren’t doing enough to make good on promises to facilitate or encourage foreign companies in China.

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