US businesses operating in the Chinese mainland are feeling confident about their future in the region. According to a recent report by the American Chamber of Commerce in South China (AmCham South China), a whopping 73% of firms reported a positive or very positive overall return on investment in 2024. 📈
The survey, which included responses from 316 companies, revealed that 76% of those surveyed are planning to reinvest in the Chinese mainland in 2025. Most of these companies are setting aside under $10 million each for reinvestment, making up 77% of the total reinvestment plans. 💼
Additionally, 6% of the companies have allocated over $250 million for their reinvestment strategies in the coming year. The report estimates that these member companies have earmarked $14.59 billion from their profits in the Chinese mainland to reinvest over the next three to five years, marking a significant 33.18% surge compared to previous reinvestment figures. 🚀
Reference(s):
cgtn.com