May 28th, 2025
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A report says that European companies in China are spending less money and not investing as much. This is because the economy is slower and there is strong competition, which makes prices go down. The slower Chinese economy, problems with houses, and Europe and the US not wanting as many Chinese products are hurting these companies. The report also says that the Chinese government is giving too much money to some industries, like electric cars. This means too many cars are being made. This is causing companies to lower their prices a lot, and they are trying to sell their products in other countries. In Europe, people are worried that more products from China could harm local businesses and jobs. The EU is putting extra taxes on Chinese electric cars because they think the Chinese government is helping those companies too much. The report shows that companies are not feeling as positive or making as much money as before.
May 28th, 2025
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