american chamber: The comments come after the American Chamber of Commerce in China AmCham China released a survey on Wednesday, saying that China has become a less attractive destination for foreign firms, according to Global Times China. The survey was based on 462 responses from member companies in the US, Europe, Australia and Asia that are doing business in China. Photo CFP China still remains an appealing and open destination for foreign investors, despite some challenges due to rising costs and uncertainty over Donald Trump's presidency, experts said on Wednesday. The share of companies that identified China as a top three global investment priorities dropped to 56 percent, compared with a peak of 78 percent in 2012, a five-year low, according to the report. The chamber noted that foreign companies are slowing investment in China partly due to higher costs and rising protectionism. In addition, more than 80 percent of the companies surveyed said that foreign companies are less welcome in China than in the past, up from 77 percent in 2016.
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