May 28th, 2025
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Companies from Europe in China are spending less money. They are not investing new money. This is because China's economy is slower. Also, there is strong competition, so prices are low. A report from a business group in China says this. China's economy is slow because of problems with houses. Also, Europe and the US do not want to buy many things from China. This is bad for European companies. The report also says that the Chinese government gave too much money to some companies, like those that make electric cars. Now there are too many electric cars. This makes companies sell them very cheaply. So, companies want to sell their products in other countries. In Europe, people are worried that too many products from China will hurt their own businesses and jobs. So, Europe put extra taxes on Chinese electric cars. They say China helps these car companies too much. The report shows that businesses are not feeling good and are making less money.
May 28th, 2025
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