American Chamber of Commerce News

U.S. Firms in Taiwan Making Business Continuity Plans Amid Tensions With China

Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan are revising or plan to revise their business continuity plans amid tensions with China, while a growing number reported being impacted by those strains. China, which …

U.S. Businesses in Taiwan See Limited Impact From Tensions With China

Most members surveyed by the American Chamber of Commerce in Taiwan said they had not been significantly affected by recent Chinese military drills around the island, but had heightened concerns, the group said on Friday. China, which claims Taiwan as …

China’s Zero-COVID Policies Prompt U.S. Firms in Shanghai to Cut Forecasts: Survey

SHANGHAI – Over 90% of U.S. multinational firms surveyed by the American Chamber of Commerce (AmCham) in Shanghai have cut their annual revenue projections in the wake of the city’s grueling two-month lockdown, the business group said on Wednesday. Of …

American Chamber of Commerce Voices Concerns About EU Plan for Foreign Subsidies

Proposed EU legislation targeting foreign state-backed buyers of European companies prompted by fears of a Chinese buying spree may be impossible to comply with in practice, the American Chamber of Commerce and peer groups for Indian and Japanese businesses said …

U.S. Firms Operating in Hong Kong Face Risks, Warns American Chamber of Commerce

HONG KONG – U.S. businesses operating in Hong Kong should reassess their operations and decide if the risks of operating there are worth the reward, the president of the American Chamber of Commerce in Hong Kong said in an interview …

China Likely to Adopt Cyber Rules for Insurers Despite Foreign Business Concerns

Controversial cyber security regulations for China’s insurance industry, now before the World Trade Organization (WTO), could soon take effect despite efforts by foreign business groups to persuade Beijing to change tack. Those groups say the draft measures are vague and …

China Asked to Revise Draft Cyber Security Rules Affecting Insurance Industry

Foreign business lobbies have asked China to substantially revise proposed cyber security regulations for the insurance industry, signaling a dispute that started with the publication of similar bank technology rules earlier this year may widen. The draft regulations, announced by …