Confidence of EU firms in China was tanking even before tariffs: survey

Source: China – South China Morning PostEuropean businesses’ optimism about growth and profitability in China has hit a record low, overshadowed by economic downturns and rising geopolitical tensions, according to annual survey findings by a leading foreign business association, which called for the full implementation of recently announced measures aimed at improving the business environment.
Conducted two weeks before US President Donald Trump returned to the White House in January, the survey of 503 chamber members showed a bleak…Read More

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