A new report says that European companies in China are spending less money. This is because the Chinese economy is growing more slowly, and there is a lot of competition, which makes prices lower. Also, problems with houses in China and other countries not wanting to buy as much from China are making things worse for these companies. The report shows that the Chinese government is giving money to some industries, like electric cars. This means too many cars are being made. This has made prices drop a lot, so companies are now trying to sell their products in other countries. In Europe, people are worried that more products from China could hurt local businesses and jobs. So, the EU has put extra taxes on electric cars from China because they think the Chinese government is helping those companies unfairly. The report shows that companies are not feeling as hopeful or making as much money as before.