European Business Sentiment in China Shows Improvement
A survey by the EU Chamber of Commerce shows fewer European firms found doing business in China more difficult over the past year. While 17 percent of firms are optimistic about profits, the chamber warns that confidence remains fragile due to weak demand and export controls.
Xurve View
Xurve View
The European Union Chamber of Commerce in China reported Wednesday that the share of firms finding it more difficult to operate in China fell to 68%, a 5 percentage point decline year-on-year. This marks the first improvement in business sentiment recorded by the European Union Chamber of Commerce in China in five years. Investors view this shift as a potential inflection point for foreign capital stability in the world's second-largest economy.
