A recent report from the European Union Chamber of Commerce in China shows that European companies are spending less and investing less in China. This is happening because the Chinese economy is slowing down, and there is strong competition, which has led to lower prices. The report suggests that the Chinese economy is having problems because of issues in the property market and more resistance from Europe and the US to China's increasing exports. This situation has negatively affected these European businesses. The survey also points out that government help has caused too much investment in areas like electric vehicles, meaning there is more supply than people want. This extra supply has started strong price wars, making companies look for markets in other countries. In Europe, people are worried that more imports from China could harm local industries and jobs. Because of this, the EU has put extra taxes on Chinese electric vehicles, saying they get unfair government support. The report shows that companies are feeling less confident and making less money.