European companies cut costs, scale back investments in China as its economy slows

European firms cut costs, curb investments in China amid slowdown, rising competition

European companies are reducing expenses in China. They are also halting investment plans. A new survey reveals this trend. China's economic slowdown is impacting profits. Local competition is also a factor. The property sector crisis affects consumer spending. Europe and the United States are resisting Chinese exports. Concerns rise about Chinese imports affecting domestic manufacturing.

European companies cut costs, scale back investments in China as its economy slows

European companies are cutting costs and scaling back investment plans in China as the economy slows and fierce competition drives down prices

European businesses have never been this gloomy about China

An annual survey of European companies in China found record lows across several metrics due to slower growth and geopolitical worries.

European companies cut costs, scale back investments in China as its economy slows

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