China’s Market Environment Deteriorates as Foreign Investment Confidence Drops to New Low

A man looks at the electronic board showing downward graph of share prices index at a securities company in Chengdu, in China's southwestern province of Sichuan, on March 18, 2008. Liu Jin/AFP via Getty Images

China’s business outlook has dropped to a historic low while revenue forecasts reached the lowest in a decade, according to hundreds of American businesses operating in the country.

An annual business report released by the American Chamber of Commerce in Shanghai (AmCham Shanghai) on Oct. 28 showed that only 55 percent of the companies surveyed were optimistic or slightly optimistic about China’s five-year business outlook, a significant 23-point drop from 2021.