China Loses Allure as European Firms Rethink Investments

The brief from the European firms is another sign of how the image of China as a good place to do business has declined, with the US-China Business Council saying last month that American firms’ optimism had fallen to a record low. “The trend of declining FDI is unlikely to reverse while European executives are heavily restricted from traveling to and from China to develop potential greenfield projects,” the EU Chamber’s report said.