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 Chinese economy is slowing down, there is strong competition, and prices are falling. The economic problems are made worse by a real estate crisis and more opposition from Europe and the US to the growing amount of Chinese goods being exported, which has hurt these businesses. The survey also points out that government financial help has caused too much investment in areas like electric vehicles, leading to more products than people want to buy. This extra supply has started big price wars and made companies 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 China's government provides unfair support. The survey clearly indicates that businesses are less confident and making less money.
May 28th, 2025
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