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2026 brings more stability to China-US relations after tough 2025: AmCham China president

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2026 brings more stability to China-US relations after tough 2025: AmCham China president

2026-09-10 00:49 Last Updated At:14:56

American companies in China are seeing renewed opportunities across finance, healthcare, and cutting-edge technologies, as the easing of trade tensions and direct presidential engagement signal a more stable environment for bilateral commerce, according to Michael Hart, president of the American Chamber of Commerce in China.

Hart made the remarks on the sidelines of the 26th China International Fair for Investment and Trade (CIFIT), which kicked off Tuesday in Xiamen, east China's Fujian Province. The Fair has drawn government and business delegations from over 120 countries and regions, with two-way investment as the main theme.

"AmCham China has about 800 member companies across many sectors. So finance is certainly one where we look for continued opportunities. But healthcare is also a very dynamic area where we see companies innovating, spending more money on R and D, working with Chinese companies. Everything from technology in terms of chips, robotics, AI, they continue to be opportunities for our members here in China," Hart said.

Chinese President Xi Jinping met with U.S. President Donald Trump on Oct. 30, 2025, in Busan, South Korea, and again on May 15, 2026, in Beijing.

Hart said the two meetings between the two leaders have contributed to greater stability in bilateral trade.

"2025 was a very tough year in terms of ups and downs in the trade war. In 2026, we've seen a lot more stability. At the end of 2025, the two Presidents met in Busan that brought us some level of stability. So we started up 2026 with more stability. Our member companies continue to see China as an important market. So one of the things that we really were pleased about was in May when the two Presidents met here in Beijing. So we think it's important for the leaders to meet one on one. This sends a signal to both governments and also to companies to give us confidence that U.S.-China trade will continue and is important," Hart said.

2026 brings more stability to China-US relations after tough 2025: AmCham China president

2026 brings more stability to China-US relations after tough 2025: AmCham China president

The navy of Iran's Islamic Revolution Guard Corps (IRGC) announced on Thursday in a statement that its electronic warfare unit successfully intercepted and captured a U.S. military spy drone west of the Strait of Hormuz.

According to Iran, its unit managed within the preceding hours to take control of the guidance and navigation systems of a U.S. Army MQM-170 Outlaw "espionage and decoy" drone west of the strait and land it safely.

The drone had been tasked with identifying Iran's air defense systems along the southern coasts, and data recovery showed it had taken off from the coast of a regional country, said the statement.

There was no immediate response from the United States.

On Feb. 28, Israel and the United States launched joint attacks on Tehran and other Iranian cities. Iran responded with waves of missile and drone attacks targeting Israel and U.S. bases and assets in the region, and tightened its grip on the Strait of Hormuz.

Iran claims downing of US MQM-170 drone near Strait of Hormuz

Iran claims downing of US MQM-170 drone near Strait of Hormuz

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