U.S.-China relations 'stable but fragile,' AmCham chief says

HONG KONG -- U.S.-China relations are "stable but fragile," the American Chamber of Commerce in China said Tuesday, as it released its annual white paper on business conditions in the world's No. 2 economy.

"By stable, what I mean is the relationship isn't continuing to deteriorate with tit-for-tat types of actions," AmCham China Chair Sean Stein said during a conference call.