A RECENT survey by the American Chamber of Commerce in China showed 40 per cent of 353 respondents cited Beijing's the regulatory environment as one of the driving factors of pessimism over doing business in China, reports Bloomberg.
This was up 16 per cent from a year earlier, according to the survey More than a third said they will lower investment due to policy uncertainties. 'China's regulatory and policy environment remains an obstacle to performance and creates uncertainty about investment decisions,' the report said.
Beijing's sweeping regulatory crackdown on sectors from education to internet platforms triggered a sharp sell-off in Chinese stocks in 2021, although the campaign has taken a breather since late last year as growth concerns have mounted.
SeaNews Turkey
This was up 16 per cent from a year earlier, according to the survey More than a third said they will lower investment due to policy uncertainties. 'China's regulatory and policy environment remains an obstacle to performance and creates uncertainty about investment decisions,' the report said.
Beijing's sweeping regulatory crackdown on sectors from education to internet platforms triggered a sharp sell-off in Chinese stocks in 2021, although the campaign has taken a breather since late last year as growth concerns have mounted.
SeaNews Turkey