European companies fear 'arbitrary punishment' amid China-Europe tensions, business groups says

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European companies in China are increasingly afraid of 'arbitrary punishment' amid a more politicized business environment, a European business industry group said on Thursday.

BEIJING - European companies in China are increasingly afraid of “arbitrary punishment” amid a more politicized business environment, a European business industry group said on Thursday.

“Companies are left navigating a political minefield during a health crisis of truly overwhelming proportions,” chamber president Joerg Wuttke said in comments attached to the report, which draws on contributions from working groups, surveys and comments from its more than 1,700 members. The report cited China’s imposition in May of a more than 80% tariff on Australian barley imports, effectively stopping a billion-dollar trade in a move widely viewed as linked to escalating political tensions between Canberra and Beijing.

“Chamber members cannot help wondering if these actions and inactions are indicative of a broader mindset that while foreign capital and technology are desired in China, foreigners themselves are not,” it said.

 

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Take down CCP is the only solution!

Trump started all of this, he good about Galway’s blaming someone else, not taking responsibility. When diseases break out, the entire world need to work together to resolve health issue. Does it make since to blame? Just work together to obliterate it.

Sooner or later EU company .

Blaming China for everything won’t help you change anything. Save your ass and do not desire to stir up trouble.

Stop meddling in internal Chinese affairs and everything will be fine.

Europe is scared of China. This is why Donald Trump should remain President.

European Companies say return of concentration camps ok if they can keep making money - that should be the headline.

united the west will prevail.

thebearablebull China to be split into six nations I like that idea

the mad dragon is pissing off many allies n trade partners Totally arrogant like in Ming dynasty

The EU might do alot better if the German government didn't have so much influence in it.

just like Huawei in EU

ccp gongfei CCPVirus

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