More European Business Moving Investment Out of Chinese Mainland, Survey Shows

European business confidence in the mainland remains at a record low, according to an annual poll by the European Chamber of Commerce in China

More European businesses are moving investments out of the Chinese mainland to markets such as Southeast Asia and Europe as the world’s second-largest economy is no longer the clear choice as an investment destination, according to new findings by a leading European trade association.

The annual Business Confidence Survey published Friday by the European Chamber of Commerce in China (EUCCC) showed that 13% of

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