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Reuters

03:04 PM 03:04 PM BdST

People walk past an office compound in Beijing’s Central Business District (CBD), China, July 13, 2021. REUTERS

Beijing’s wide-ranging crackdown on companies has also unnerved US firms, an American industry lobby executive said.

The American Chamber of Commerce in Shanghai, which conducted the survey with consultancy PwC China, attributed the renewed optimism to rising revenues as well as ebbing concerns over the COVID-19 pandemic in China, which has largely gotten control over its spread with a zero-tolerance policy.…