European business confidence in China reaches all-time low, warns EU Chamber of Commerce.
European business confidence in China has plummeted to an all-time low, according to the EU Chamber of Commerce. The chamber's report highlights significant challenges, including sluggish domestic demand, regulatory barriers, and a politicized environment. Many European firms are rethinking investments, with profit margins falling below the global average. The chamber urges China to implement reforms and enhance transparency to restore investor confidence and stimulate economic growth.
September 11, 2024
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