A new report from the European Union Chamber of Commerce in China shows that European companies are spending and investing less in China. This is because China's economy is slowing down, and there is strong competition, which is making prices fall. These companies are having problems because of China's economic issues, especially with its property market. Also, Europe and the US are increasingly worried about China's rising exports. The report suggests that government support has led to too much investment in areas like electric cars, meaning there are now more products than people want. This extra supply has caused strong price competition and made companies look for customers in other countries. In Europe, people are worried that more products from China could harm local businesses and jobs. The EU has reacted by adding extra taxes on Chinese electric vehicles, saying that the Chinese government gives them unfair help. The report also indicates that businesses are feeling less positive and making less money.