护士制服丝袜动漫亚洲|av片在线观看|色戒免费观看完整版国语版|一区二区国产精品精华液,怎样看色戒完整版,色戒未册完整版免费下载,梁朝伟色戒高清完整版在线

Tariff increase having negative impact on American companies in China: survey

Source: Xinhua| 2019-05-23 20:34:43|Editor: Li Xia
Video PlayerClose

BEIJING, May 23 (Xinhua) -- The U.S.-China tariff disputes are having a negative impact on businesses of American companies in China, according to a survey jointly conducted by AmCham China and AmCham Shanghai.

The United States increased additional tariffs on 200 billion U.S. dollars' worth of Chinese goods from 10 percent to 25 percent earlier this month, and has threatened to raise tariffs on some 300 billion dollars' worth of Chinese imports yet to be hit.

The survey, conducted from May 16-20, received nearly 250 responses on the assessment of the impact of tariff increases on companies operating in China.

A total of 74.9 percent of respondents said the increases are having a negative impact on their businesses.

The impact of the tariffs is felt through lower demand for products, higher manufacturing costs, and higher sales prices for products, according to the survey.

To cope with the impact of the tariffs, some 35.3 percent of the surveyed companies are increasingly adopting an "In China, for China" strategy.

"In China, for China" is a strategy to localize manufacturing and sourcing within China to mainly serve the China market. Such strategy constitutes a rational choice for many companies to insulate themselves from the effects of tariffs while maintaining their ability to pursue domestic market opportunities, the survey explains.

About 61.6 percent of the surveyed companies are manufacturing-related, 25.5 percent services, 3.8 percent retail and distribution, and 9.6 percent from other industries.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001380835431