May 28th, 2025
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A new report says that European companies in China are saving money and investing less. This is because China's economy is growing slower, and there is a lot of competition, which makes prices go down. The report also says that problems in China, like the housing market and other countries not wanting to buy as many Chinese products, are hurting these companies. The report shows that the Chinese government is giving money to some industries, like electric cars. This means there are too many of these cars being made. This has caused big price wars and made companies look for other places to sell their products. In Europe, people are worried that more products coming from China could hurt European businesses and jobs. So, the EU is putting taxes on Chinese electric cars because they think the Chinese government is helping those companies too much. The report shows that companies are not as confident or making as much money as before.
May 28th, 2025
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