European companies are spending less money and investing less in China. This is because China's economy is slower, and there is a lot of competition. A report from the European Union Chamber of Commerce in China says this. The slow economy and problems with houses have made it hard for businesses. Also, Europe and the US do not want so many Chinese products. The report says the government gave too much money to some businesses, like electric car makers. Now there are too many products, and prices are very low. Companies are now looking for customers in other countries. In Europe, people are worried that many products from China will hurt local businesses and jobs. So, Europe has put extra taxes on Chinese electric cars because they say China helps these companies too much. The report shows that businesses are less sure about the future and are making less money.