Mounting trade risks are dragging down the the confidence of senior finance officers at companies operating in China, according to the results of a survey by Deloitte released Wednesday.
Donald Trump and Chinese President Xi Jinping earlier this month declared a 90-day ceasefire in the conflict pending further negotiations, but a host of tariffs already imposed by both sides remain in place and the outlook for a resolution remains unclear.
Deloitte received 108 responses to the poll from executives at a mix of multinational, state-owned and privately owned companies operating in mainland China, Hong Kong and Macau. The survey was conducted between September and November.
A total of 69 percent of respondents hold positions at the level of CFO or finance director, while 8 percent are vice presidents, Deloitte said.