Despite ongoing political tensions and the rhetoric of decoupling, China continues to hold a crucial position for United States businesses, according to experts and industry leaders. The country’s large market, expanding role as an innovation center, and robust supply chains are considered essential factors enabling American companies to enhance their global competitiveness.

This perspective emerged following the release of an annual survey by the US-China Business Council, in which 95 percent of participating companies described China as “somewhat to very important” for maintaining their competitive edge worldwide. The council underscored that for many US firms, engaging with China is far from optional, but rather a necessary component of their global strategy.

Sean Stein, president of the US-China Business Council, highlighted that despite existing challenges, operating in China remains a prerequisite for numerous American companies seeking success on the international stage. The survey further revealed that US businesses are not withdrawing from China; the market is valued not only for its scale but also for the breadth of opportunities it offers. Nearly half of the respondents reported leveraging insights and experience gained from their China operations to inform strategies in other global markets.

The report likened China to a “boxing gym” for Western companies, where competing against Chinese firms sharpens their capabilities and expands their market understanding. This analogy reflects the dynamic competitive environment in China, which many US businesses see as instrumental in honing their skills.

Academic experts also emphasize the complexity of the US-China economic relationship. Liu Ying, a researcher at Renmin University of China’s Chongyang Institute for Financial Studies, noted that while both countries now compete in many high-value sectors, cooperation remains feasible. However, this collaboration demands more nuanced approaches than the previously dominant complementary models.

Last month, efforts to improve bilateral economic ties advanced with the establishment of trade and investment councils between the two nations. These intergovernmental platforms are designed to manage disputes proactively, aiming to create a more stable and predictable environment for businesses operating across both markets. Observers suggest that if Washington and Beijing can effectively manage their differences and expand areas of agreement, it would benefit the commercial communities on both sides of the Pacific.