Page 17 - THE SOUTH CHINA BUSINESS JOURNAL
P. 17
ht on the priority of the Chinese market. ...most of the respondents
Meanwhile, it is interesting to note that just see the expansion of the
one percent of the Study participants indicate Chinese market as one
any plans for establishing manufacturing in
North America. of the most important
remedies for the imposed
Both the U.S. and Chinese companies harbor tariffs, which sheds light
low confidence in U.S.-China relations.
Negative opinions towards imposed tariffs are on the priority of the
widely shared by the business community. Chinese market.
Meanwhile, more U.S. companies report that
they are hurt in the trade tensions than their as a result, American companies’ access to a
Chinese counterparts, particularly in terms of market that will eventually have five times as
practical impact on the business operation, many consumers as the U.S.” He hopes that
loss of business volume and market share. “the Study, representing the factual points
Nevertheless, the U.S. companies are more of view of participating companies from
active in reacting towards the impact of the countries spanning the globe, will cause
trade disputes. the leaders from both sides of the equation
to pause and rethink their strategies. We
Seyedin said he is less worried about suggest, as countless others have, that all
the present than he is about the future differences can and should be resolved
ramifications between the U.S. and China. through friendly discussions.”■
“What worries me the most is not so much
the immediate impact,” Seyedin added, “but
the potential long-term loss of access by
Chinese companies to the U.S. market and,
South China Business Journal 15
Meanwhile, it is interesting to note that just see the expansion of the
one percent of the Study participants indicate Chinese market as one
any plans for establishing manufacturing in
North America. of the most important
remedies for the imposed
Both the U.S. and Chinese companies harbor tariffs, which sheds light
low confidence in U.S.-China relations.
Negative opinions towards imposed tariffs are on the priority of the
widely shared by the business community. Chinese market.
Meanwhile, more U.S. companies report that
they are hurt in the trade tensions than their as a result, American companies’ access to a
Chinese counterparts, particularly in terms of market that will eventually have five times as
practical impact on the business operation, many consumers as the U.S.” He hopes that
loss of business volume and market share. “the Study, representing the factual points
Nevertheless, the U.S. companies are more of view of participating companies from
active in reacting towards the impact of the countries spanning the globe, will cause
trade disputes. the leaders from both sides of the equation
to pause and rethink their strategies. We
Seyedin said he is less worried about suggest, as countless others have, that all
the present than he is about the future differences can and should be resolved
ramifications between the U.S. and China. through friendly discussions.”■
“What worries me the most is not so much
the immediate impact,” Seyedin added, “but
the potential long-term loss of access by
Chinese companies to the U.S. market and,
South China Business Journal 15
