American companies in China are reporting record-low investment plans and declining confidence in profits this year. A survey by the U.S.

President Donald Trump has reportedly softened his stance on China compared to six months ago as he looks to secure a trade deal with the U.S.’s closest economic rival, and a meeting with his counterpart,

China's trade surplus surged in June, which analysts have attributed to exporters rushing to ship products before U.S. tariffs recommence.