European enterprises are rethinking their programs for a ‘closed’ China

European enterprises are rethinking their programs for a ‘closed’ China


Critical Points
  • For European corporations, “we chat about a entire readjustment of our view on China in excess of the last 6 months,” mentioned Joerg Wuttke, president of the European Union Chamber of Commerce in China.
  • Overseas direct financial investment from the EU into China dropped by 11.8% in 2020 from a 12 months before, in accordance to the chamber’s posture paper. Much more current figures weren’t obtainable.
  • European businesses that have remained in China more and more encounter an natural environment in which “ideology trumps the economic system,” the chamber’s place paper said in its executive summary.



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