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International relations

China 'mixed messages' dent foreign business confidence: chambers

U.S. and European bodies highlight uncertainty over laws, data access

The latest survey by the American Chamber of Commerce in Shanghai found 52% of 325 respondents expressed optimism over the business outlook in China for the next five years -- the lowest level recorded.   © AP

SHENZHEN, China -- Foreign businesses in China are urging authorities to improve the regulatory environment and ensure access to legitimate economic data as fresh survey results highlight deteriorating confidence.

In a position paper released on Tuesday, the European Chamber of Commerce in China called on businesses to exercise "even more caution," despite government promises of greater liberalization to boost foreign investment and trade.

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