European business group points to ‘troubling signs’ of China turning inwards

Source: China – South China Morning PostChina’s inward-looking economic strategy has put European firms in a more challenging position and it could also hit the country’s growth, an EU business group warned on Thursday.It said Beijing’s goal of self-reliance, rising nationalism and more focus on national security had left European companies “between a rock and a hard place” in terms of their operations in the country.In its annual position paper, the European Union Chamber of Commerce in China also called on Beijing to reinvigorate…Read More

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