DHAKA: Most US firms in China feel ‘targeted’ by authorities, a survey said Wednesday, as the government embarks on a series of high-profile investigations into foreign businesses.

An American Chamber of Commerce survey found 57 percent of respondents believed foreign firms are being singled out in China’s pricing, anti-monopoly and anti-corruption campaigns under President Xi Jinping.

Of those who said foreign firms were being targeted, 65 percent said they fear such campaigns will have a negative impact on them.

The results were part of the 17th annual business climate survey by the American Chamber of Commerce in the People’s Republic of China (AmCham China), which had responses from 477 of the organisation’s 1,012 company members, reports The Straits Times.

BDST: 1338 HRS, FEB 11, 2015