U.S. companies still maintain a high level of interest both in trade with Chinese companies and investment in China, although the tariffs are certainly impacting the picture, the American Chamber of Commerce in China (AmCham China) said in a statement it sent to the Global Times on Friday.
The statement comes at a time when U.S. companies will actively participate in the upcoming China International Import Expo (CIIE), the country's first national-level expo for imports, which will be held from November 5 to 10 in Shanghai.
Nearly 180 U.S. companies will participate in the CIIE, Gao Feng, a spokesperson of the Ministry of Commerce, disclosed at a press conference on October 25.
The U.S. companies that will attend the CIIE range across various industries, including high-tech, pharmaceuticals and sellers of fast-moving consumer goods.
The Global Times has talked to senior executives of several U.S. companies that will attend the CIIE, and all of them said they will continue to invest and trade with the Chinese market.
Ian Burton, president of Mars Wrigley Confectionery China, said that his company is "empowered to speak its voice and act independently." He also disclosed that Mars will continue to export new products tailored to Chinese tastes.
