Pluralities of adults in six major Indo-Pacific markets think investment from U.S. companies is a net benefit for their economies. By contrast, in only three countries (India, Indonesia and Singapore) do pluralities of adults hold the same views about investment from Chinese companies. In the remaining three (Australia, Japan and South Korea), pluralities of adults think Chinese investment does more harm than good or are unsure.
Respondents were asked if they think greater investment from U.S. and Chinese companies mostly helps or hurts their country’s economy
Views of China are somewhat more favorable when it comes to trade: In most cases, larger shares of adults think more trade with China is a net benefit relative to those holding the same views on Chinese investment. But in all markets except Singapore, respondents were more likely to say that trade with the United States helps their country than they were to say the same about trade with China.
Respondents were asked if they think trading more with the United States and China mostly helps or hurts their country’s economy
These dynamics suggest U.S. companies are better positioned for Indo-Pacific market entry and sales opportunities than their Chinese peers, even as key regional partners remain pessimistic on the Biden administration’s Indo-Pacific Economic Framework, which is expected to be unveiled shortly. By extension, Chinese multinationals doing business in the region risk remaining at a relative disadvantage even if the framework makes little headway in the coming months.
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