#Latest news with #EuropeanFirmsBloomberg28-05-2025BusinessBloombergPessimism Swells on Doing Business in China, European Firms SayEuropean firms in China are the most pessimistic about growth prospects since 2011, a new survey shows, underscoring the challenges of doing business in the world's second-largest economy despite recent government efforts to address some complaints. Some 29% of respondents were downbeat on the outlook for their sector over the next two years, according to an annual report by the European Union Chamber of Commerce in China published on Wednesday. The survey conducted between January and February with 503 respondents also found that 49% of businesses expressed pessimism about their profitability.
Bloomberg28-05-2025BusinessBloombergPessimism Swells on Doing Business in China, European Firms SayEuropean firms in China are the most pessimistic about growth prospects since 2011, a new survey shows, underscoring the challenges of doing business in the world's second-largest economy despite recent government efforts to address some complaints. Some 29% of respondents were downbeat on the outlook for their sector over the next two years, according to an annual report by the European Union Chamber of Commerce in China published on Wednesday. The survey conducted between January and February with 503 respondents also found that 49% of businesses expressed pessimism about their profitability.