News Formal

European companies cool on plans to invest in China, report shows

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 16 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 98%

China News

European-Union,Mario-Draghi

European Chamber of Commerce in China proposes 1,000 actions to improve environment in China for international business

A growing number of European companies have given up hope that things will get better, the European Chamber of Commerce in China has warned as it offers more than 1,000 proposals on how Beijing could improve the environment for European businesses.

In the past, big multinationals could leverage their global operations to spread the cost of a downturn in business in China. But in recent years, many firms have adopted an “in China for China” strategy so that their operations there effectively become Chinese companies with foreign shareholders.

 

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 MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

European stocks gain for third straight sessionThe Stoxx Europe 600 Index was up by 1 per cent although some analysts cautioned investors against complacency.
Source: IrishTimes - 🏆 3. / 98 Read more »