U.S. companies are more optimistic about doing business in China under President-elect Joe Biden, believing that bilateral relations will be more stable than in the last four years, a postelection survey by a Shanghai-based business chamber showed.

Still, more than half of the 120 businesses polled by the American Chamber of Commerce in Shanghai said they had no plans of increasing investment in China, and a third were concerned about the personal health and safety of their employees in the country, indicating that companies…

This post first appeared on wsj.com

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