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U.S. business outlook on China hits record low amid slowing economy and geopolitical tensions

  • U.S. businesses in China report record low optimism in 5-year outlook.
  • Top factors driving pessimism are geopolitics, China's economic slowdown.
  • Major business challenges include U.S.-China tensions, lack of transparency.
  • Pressure on U.S. firms to decouple from China also a concern.
  • COVID restrictions easing fails to improve business sentiment.
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