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European business group warns of loss of confidence in China

Summary by Reuters
A top European industry group warned on Wednesday that firms were losing confidence in China and that its standing as an investment destination was being eroded, citing its "inflexible and inconsistently implemented" COVID policy as a key factor.
2 months ago·Beijing, China

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European business group warns of loss of confidence in China

A top European industry group warned on Wednesday that firms were losing confidence in China and that its standing as an investment destination was being eroded, citing its "inflexible and inconsistently implemented" COVID policy as a key factor.

2 months ago·United Kingdom
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Zero-Covid policy crippling 75% of European firms in China: Report

Covid In China: Despite sparking business closures and roiling global supply chains, President Xi Jinping has declared the approach China's most "economic and effective" path forward, and officials have not indicated when the rules might be eased.

2 months ago·New Delhi, India
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European Interest in China Investments Wanes

Spending by European companies on new factories and other “greenfield” investments, long a key source of capital and technology for the Chinese economy, is falling steeply.

2 months ago·New York, United States
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Zero-Covid Harming 75% Of European Firms In China: Business Group

Zero-Covid harming 75% of European firms in China: business group

2 months ago·United States
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European businesses are rethinking their plans for a 'closed' China

European businesses are revaluating their China plans after Covid controls have isolated the country, said the EU Chamber of Commerce in China's Joerg Wuttke.

2 months ago·United States
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Zero-COVID harming 75% of European firms in China: Business group

BEIJING: China's "inflexible" and "inconsistent" zero-COVID policy is crippling European business operations in the country, a major business lobby said Wednesday (Sep 21), warning that the presence of the companies "can no longer be taken for granted". The report by the European Union's Chamber of Commerc

2 months ago·Singapore
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