Pandemic Makes U.S.-China Economic Breakup More Likely, U.S. Businesses in China Say
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SHANGHAI—The coronavirus pandemic is making the “decoupling” of the U.S. and Chinese economies a more realistic prospect, American companies in China say, as it disrupts supply chains and further strains relations between the two countries.
In March, 44{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca} of 25 large U.S. companies surveyed said decoupling would be impossible, down from 66{f08ff3a0ad7db12f5b424ba38f473ff67b97b420df338baa81683bbacd458fca} in October, the American Chamber of Commerce in China and the American Chamber of Commerce in Shanghai said.
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