Western firms pulling back from China – reports ...News

Economy by : (Russia Today) -
Declining economic growth and the rise of other manufacturing centers in Asia are slowing investment, lobby groups claim China is gradually losing its appeal as an investment destination for Western companies, according to reports released this week by the EU Chamber of Commerce in China and the American Chamber of Commerce in Shanghai. The two lobby groups conducted surveys among investors and owners of businesses in China. According to their findings, many respondents have been consolidating their operations in the country and no longer see the Chinese market as a primary investment destination. An annual poll b

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