European companies are spending less money and investing less in China. This is because China's economy is slow, and there is strong competition. A report from the EU Chamber of Commerce in China says this. The slow economy and problems with houses have made it hard for these companies. Also, Europe and the US do not want too many Chinese products. The report says that the government gave too much money to some businesses, like electric car makers. Now there are too many products, and prices are very low. So, companies are now looking for markets in other countries. In Europe, people are worried that many products from China will hurt local businesses and jobs. So, the EU has put extra taxes on Chinese electric cars because the government helped them unfairly. The report shows that businesses are less sure about the future and are making less money.