AmCham China Flash Survey Report on the Impact of COVID-19
Expected Return to Normal, April 2020, percentage of respondents – 42% of AmCham China respondents in April 2020 survey had already returned to normal four months after China first announced coronavirus, with 29% more expected by Q2
- Back to Normal – Four in ten AmCham China member companies had already returned operations to normal as of April 2020, four months since China first identified new coronavirus
- Q2 2020 Return – 29% expect business to be back to normal between April and June 2020, with 13% anticipating this could happen in May
- Q3-Q4 2020 – One in 10 looking to recover between July and September 2020, while only 2% expect it to occur by Q4
- Other Answers – Eight percent refrained from giving a date thinking it might be too soon to foresee a recovery, 5% think it may be beyond 2020, and 3% do not expect business to ever return to normal
Note: Data from AmCham China’s 144 member companies who participated in Flash Survey between April 13 and 17, 2020.
For more information, visit the AmCham China website.
- Lower Revenue, Delays Hinder Return to Normal, Apr 2020 (AmCham China)
Original publication date: April 29, 2020
Date last updated: May 15, 2020