Stockholm, Oct. 18(CED)–A majority of Western enterprises remain confident in the Chinese economy and its increasingly open market.
In an annual China Business Report released in September by the American Chamber of Commerce in Shanghai, 77.9 percent of the 338 surveyed U.S. companies were “optimistic” or “slightly optimistic” of the five-year business outlook in China, close to the 80 percent figure from 2015 to 2018.
More than 82 percent of the respondents anticipated higher revenues in 2021 than in 2020, with the most confident industries being pharmaceuticals, medical devices and life sciences, auto-motive, non-consumer electronics and industrial manufacturers.
The tide appears to be turning against all this negative coverage.
More people around the world, and some Western journalists themselves, are beginning to feel indignant and disgusted by this customary negative portrayal of China.
Javier Garcia, head of the office of the EFE News Agency of Spain in Beijing, said recently that he would soon leave journalism, as the flagrant information manipulation about China by Western media “has taken a good dose of my enthusiasm for this profession.”
In today’s world, countries are growing increasingly interconnected and interdependent. And in the face of such formidable global challenges as the COVID-19 pandemic and climate change, all countries need to come together as one community if they want to weather these crises.
Editor Xuefei Chen Axelsson