May 28th, 2025
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European companies are spending less money in China. This is because China's economy is slow. Also, there is a lot of competition, so prices are low. A report from the EU Chamber of Commerce in China says this. The slow economy and problems with houses make it hard for businesses. Europe and the US do not want too many Chinese products. The report says the Chinese government gave too much money to some companies, like car companies. Now there are too many products. This makes prices very cheap. So, companies want to sell their products in other countries. In Europe, people are worried that many Chinese products will hurt local businesses and jobs. So, the EU put extra taxes on Chinese electric cars. They say China helps these companies too much. The report shows that businesses are less hopeful and make less money.
May 28th, 2025
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