The 2022 China Business Climate Survey Report by the American Chamber of Commerce in the People's Republic of China and PwC highlights the impact of the US-China relationship on global peace and prosperity. The report includes a performance snapshot, business operations and goals, business environment, and the impact of bilateral relations. Earnings before interest and taxes (EBIT) have bounced back to 2018 levels, with US companies taking a long-term view. China remains a top three priority investment destination for 60% of companies' near-term global investment plans. The report emphasizes the importance of constructive commercial engagement between the two countries.