A new report from Allianz Trade indicates that global businesses are increasingly hesitant to invest in both the United States and China. The survey found that investment intentions toward China have dropped significantly compared to the previous year.

Trade tensions between the US and China have made companies around the world less keen to invest in either country, with the United States almost twice as unpopular, according to a new report from Allianz Trade. The report, based on an annual survey by the Paris-based international insurance company, said US-China decoupling had not materialised, but investment intention towards China had dropped “significantly” to 24 per cent of survey respondents, down from 53 per cent a year ago. The survey.....