A new report says that European companies in China are trying to save money and invest less. This is because the Chinese economy is growing slower, and there is a lot of competition, which makes prices lower. China's economy is not doing as well as before, partly because of problems with houses. Also, Europe and the US do not want to buy so many things from China. The report also says that the Chinese government is giving money to some industries, like electric cars. This means too many of these cars are being made. This has caused big price wars, and companies are now looking to sell their products in other countries. In Europe, people are worried that more products coming from China could hurt businesses and jobs there. So, the EU has put taxes on electric cars from China. They think China is helping those companies too much. The report shows that businesses are not as confident and are making less money than before.