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.
