Bad Mood with European Companies in China
4 Articles
4 Articles
European companies hardly see any growth opportunities in China. Almost three quarters stated in a survey: Business in the People's Republic has become more difficult. This is not only due to the trade dispute with the USA.
Customs threats and economic concerns are causing problems for EU companies in China. The mood is on the ground. Beijing's action could soon have costly effects in Europe.
European companies in China rated the internal slowdown of the world's second largest economy as a greater challenge than the trade war, highlighting the obstacles Beijing faces as it negotiates with the United States on tariffs.A record 503 companies surveyed by the EU Chamber of Commerce in China also claimed that doing business in the country has become more difficult and pessimistic about future profitability.
Trade disputes, economic concerns and politics are causing problems for companies from the EU in China. The mood is on the ground. Beijing's action could soon have costly effects in Europe.
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