May 28th, 2025
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A recent survey by the European Union Chamber of Commerce in China shows that European companies are spending less and investing less in China. This is mainly because the economy is slowing down and there is strong competition, which is causing prices to fall. The Chinese economy's slowdown, made worse by problems in the real estate market and growing resistance from Europe and the US to Chinese exports, has negatively affected these companies. The survey also points out that government financial help has led to too much investment in areas like electric vehicles, creating more products than people want to buy. This excess supply has started strong price wars and forced companies to look for markets in other countries. In Europe, people are worried that more imports from China could harm local businesses and jobs. Because of this, the EU has put taxes on Chinese electric vehicles, saying that the Chinese government provides unfair support. The survey indicates that companies continue to feel less confident and are making less profit.
May 28th, 2025
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