What percentage of US businesses in China are affected by travel disruptions?

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Ninety Per Cent of US Businesses in China Affected by Travel Disruptions

Ninety per cent of American businesses in China are experiencing disruptions, a significant increase from the previous month, according to a recent survey. These global travel disruptions have emerged as the primary concern for these companies.
Rising Impact of Travel Disruptions

The monthly survey conducted by the American Chamber of Commerce in China indicated that the proportion of respondents affected by travel disruptions rose from 77 per cent in the prior month to 90 per cent currently. This highlights a growing challenge for American enterprises operating within China.
Cost-Cutting Measures Implemented

In response to these disruptions and the broader economic fallout from the Covid-19 epidemic, 60 per cent of the surveyed companies reported implementing cost-cutting measures. This financial pressure is leading to significant adjustments in business operations and employee compensation.
Impact on Employee Compensation

The survey also revealed that approximately half of the responding companies have either reduced or are considering reducing employee compensation. Furthermore, nearly 30 per cent of these businesses have cancelled or postponed salary increases for the current year, underscoring the financial strain.

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What percentage of US businesses in China are affected by travel disruptions?

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