The EU Chamber of Commerce in China’s Enterprise Confidence Survey exhibits almost 42 p.c of its 600 respondents skilled progress final 12 months. And, whereas almost 1 / 4 of respondents noticed income declines final 12 months, 75 p.c turned a revenue – the identical proportion seen over the previous 5 years.
New figures present China’s GDP has grown by 12.7 p.c 12 months on 12 months within the first half of 2021. And, because the enterprise survey exhibits, 68 p.c of European corporations in China, are optimistic about future progress – a 20 proportion level improve from final 12 months.
The survey additionally examines impacts from geopolitical tensions.
It says corporations are searching for methods to lower their publicity to such points. Notably attainable cross-border disruptions, just like the commerce struggle.
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