US, China need to dial back ‘unhelpful rhetoric’: Industry body

When ties worsen between the governments, American firms doing business in China suffer, says AmCham.

China should implement its commitments to equal treatment for foreign business and abandon “implicit” guidance to replace foreign products with domestic alternatives, the American Chamber of Commerce in China said. In an annual white paper on Tuesday, the chamber, also known as AmCham, which represents 900 companies, also called on the United States and China to communicate more and cooperate on climate change and public health. The relationship between the world’s two biggest economies deteriorated rapidly over the past few years over issues ranging from trade to China’s response to COVID-19.