US firms bet on nation

China still remains one of the top three global investment priorities for US companies although over a third of them expect their revenues to drop this year due to the economic slowdown and other uncertainties, according to a survey released by the American Chamber of Commerce in China yesterday.

The annual survey showed that 78 percent of AmCham-China members still consider the country as one of the top three investment destinations.

The survey also showed the growing importance of Chinese demand in the deepening global economic downturn as 63 percent of the companies said they are in China to access the Chinese market itself, up from 51 percent last year.