Global EditionASIA 中文雙語Fran?ais
World
Home / World / Americas

Chinese market remains vital for US firms

By YIFAN XU in Washington | China Daily | Updated: 2025-07-18 10:21
Share
Share - WeChat
Shipping containers are seen at the port of Oakland, in Oakland, California, US, May 12, 2025. [Photo/Agencies]

A fraught US-China relationship and punitive US tariffs are imposing real costs and undermining the competitiveness of US companies, leading to lost sales, severed customer relationships and reputational damage, according to the 2025 Member Survey released by the US-China Business Council on Wednesday.

Despite strong headwinds, the annual report underscores that nearly all US firms view their China operations as vital — emphasizing China's role as a critical market for accessing a vast consumer base and driving innovation.

Sean Stein, president of the business council, said "the ability to operate in China's fiercely competitive market" remains "nonnegotiable for American companies", which allows them to access "a burgeoning middle class while honing new technologies and practices essential for maintaining global competitiveness".

Conducted from March to May, the survey of 130 member companies — 82 percent of them with over 20 years of operations in China — found that eight out of 10 companies were reporting profits in China last year.

The Trump administration's aggressive tariff announcements on April 2 have exacerbated costs, shaking business confidence and derailing investment plans.

"We can now see from the data (that) the tariffs aren't free," said Stein during a news conference on Wednesday, which saw the launch of the report. "They impose real costs on American companies in both China and the United States."

Stein pointed to a shift in business challenges, with three of the top five concerns being geopolitical, driven by US policies.

"None of the top five" are traditional regulatory issues, he said. US-China relations remain the top challenge for the third consecutive year, while tariffs surged from eighth in 2024 to second in 2025.

Impacts of tariffs

The report said that US tariffs are hitting bottom lines hard, with 68 percent of companies reporting impacts — a figure potentially understated as some responses were collected before the April 2 announcements.

Kyle Sullivan, the report's lead drafter, said, "If you break it down by sector, it's over 90 percent of the industrial manufacturing companies, over 90 percent of the technology companies … they felt the impact from tariffs".

For 75 percent of respondents, rising input costs are the biggest challenge — disrupting production and squeezing profit margins, the report mentioned.

The survey shows that in response, 39 percent of companies are reorienting supply chains.

"On the flip side, you have 60 percent of the companies that are not really taking any action," Sullivan said.

The report also said that US export controls further erode competitiveness, with 40 percent of companies reporting negative effects, including lost sales (50 percent due to customer uncertainty) and market share declines (59 percent).

According to the survey, profitability remains resilient despite the challenges, with 82 percent of companies reporting profits last year. However, only 25 percent expect China's profit margins to exceed their global average in 2025.

The report noted that China's market remains indispensable. Over 80 percent of respondents invest to serve China's vast domestic market, leveraging its scale and innovation opportunities.

"They're in China for China," Sullivan said.

As trade talks continue, 75 percent of companies described lowering tariffs for a "durable solution" as the priority, Sullivan said.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 性无码免费一区二区三区在线| 欧美日韩国产在线观看一区二区三区| 国产成视频在线观看| www.日日夜夜| 日韩人妻一区二区三区免费| 俺来也俺去啦久久综合网| 鲁一鲁中文字幕久久| 国产高清乱理论片在线看| 中文字幕第35页| 欧美xxxxx喷潮| 你懂的视频在线| 色综合久久综合中文小说| 国产精品另类激情久久久免费 | 国产超碰人人模人人爽人人喊 | chinese体育男白袜videogay| 日本工口里番h彩色无遮挡全彩| 亚洲国产欧美在线人成北岛玲 | 国产高清av在线播放| 一级毛片免费全部播放| 日韩专区第一页| 亚洲成人自拍网| 男国少年梦电影| 四虎影视精品永久免费网站 | 亚洲第一区二区快射影院| 美女极度色诱视频国产| 国产性夜夜春夜夜爽三级| 4399理论片午午伦夜理片| 小婷的性放荡日记h交| 久久久久无码精品国产| 欧美交换配乱吟粗大| 亚洲精品第一国产综合野| 精品国产av一区二区三区| 国产三级在线视频播放线| 国产香蕉一区二区精品视频| 国产精品视频永久免费播放| mm131美女爽爽爽作爱视频| 成年人在线免费观看视频网站| 久久天堂AV综合色无码专区| 欧乱色国产精品兔费视频| 亚洲欧美日韩专区| 男人插女人的网站|