May 28th, 2025
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A new report says that European companies in China are saving money and investing less. This is because the economy is growing slower and there is a lot of competition, which makes prices go down. The report also says that problems in China, like the housing market and other countries not wanting to buy as many Chinese products, are making things difficult for these companies. The government is giving money to some industries, like electric cars, which means they are making too many products. This has caused prices to drop a lot, so companies are trying to sell their products in other countries. In Europe, people are worried that too many products from China will hurt businesses and jobs. Because of this, the EU is adding taxes to electric cars from China. They think the Chinese government is helping those companies too much. The report shows that companies are not as confident and not making as much money as before.
May 28th, 2025
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