May 28th, 2025
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A new report says that European companies in China are trying to save money and invest less. This is because the economy is growing slower and there is a lot of competition, which makes prices lower. The Chinese economy is slowing down, and this is made worse by problems with houses. Also, it is harder to sell Chinese goods to Europe and the US. This has made things difficult for European companies. The report also says that the Chinese government is giving money to some industries, like electric cars. This means they are making too many. This has caused big price wars, and companies are now looking for other countries to sell their products. In Europe, people are worried that more goods coming from China could hurt local businesses and jobs. The EU is putting taxes on Chinese electric cars because they think the Chinese government is helping them too much. The report shows that companies are not feeling as confident or making as much money as before.
May 28th, 2025
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