A recent survey of European businesses shows nearly a quarter of companies are considering leaving China due to Beijing’s stringent COVID-19 measures.
On June 20, the European Union Chamber of Commerce in China (European Chamber) released its “Business Confidence Survey 2022″ (BCS).
The report showed a significant drop in European business confidence.
In the news release, Bettina Schoen-Behanzin, vice president of the European Chamber, said, “Increasing numbers of European businesses are putting China investments on hold and re-evaluating their positions in the market as they wait to see how long this uncertainty will continue, and many are looking towards other destinations for future projects.”…