FILE - The American and Chinese flags wave at Genting Snow Park ahead of the 2022 Winter Olympics, Feb. 2, 2022, in Zhangjiakou, China.
The geopolitical tensions between both countries was the top challenge to businesses’ operations in China, the report found. Many businesses are now redirecting investments to other regions such as Vietnam, Malaysia and South Asia, Zheng said. The European Chamber’s report found that for some European companies, the risks of investing in China were beginning to outweigh the returns.
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