News Formal

German firms in China do not expect business to recover until 2021

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Respondents cited international travel restrictions and cash flow shortages as the biggest challenges they are currently facing.

“COVID-19 is posing new challenges and at the same time accelerating trends that have been on the advocacy agenda before, such as investment conditions, internet access, and access to local financing.” said Yasmine Riechers, the chamber’s vice chairwoman of the board for northern China.

Business leaders also said they were concerned about decoupling trends that have seen the U.S. and other countries divest from China and untangle their economies, and the possible implications on supply chains and research and development this could have.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why study Business in 2021?Prof Bill Russell, an Economist and Associate Dean for International in the School of Business, at the University of Dundee, Scotland UK, shares his view of business education and explains why starting your education in January 2021 might be the right thing to do.
Source: GuardianNigeria - 🏆 1. / 94 Read more »