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Chinese businesses face growing uncertainty in EU market, report says

( December 9, 2024, 10:43 GMT | Official Statement) -- MLex Summary: Uncertainty among Chinese companies operating in the EU is on the rise, with 78 percent of interviewed companies voicing concerns about the worsening business environment in the bloc and the “weaponization of trade,” according to a report released today by the China Chamber of Commerce to the EU and consultancy Roland Berger. Based on a four-month survey of around 200 Chinese businesses in the EU, the report calls on the EU “to respect the global division of labor in supply chains, use trade tools with caution, and avoid overemphasizing ‘economic security’.”Statement and report are attached. ...

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