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Home VIDEO NEWS FROM AROUND THE WORLD

75 percent of EU companies in China turned a profit last year, trade war unwelcome

by 198 China News
August 8, 2021
in VIDEO NEWS FROM AROUND THE WORLD
1 min read
33
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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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Comments 33

  1. Bruib says:
    2 years ago

    we dont need western luxury goods, only western technology

    Reply
  2. Wyo Dragon says:
    2 years ago

    Europe must turn East towards Asia.

    Reply
  3. george jesson says:
    2 years ago

    But the EU is rattling their sabres with their boss USA.

    Reply
  4. John Edon says:
    2 years ago

    ①[AMERICA+GANG9 ] = [Rules Based INT'L ORDER];
    ②[UN lead by USA] = [possibly UN ORDER] ≠ [WORLD ORDER];
    ③[190 NATIONS+PRC] = [Rules Based WORLD ORDER]

    Reply
  5. Wat B says:
    2 years ago

    but china can't invest in Europe, should reduce Europe profit to only 30%, Europe is using China tech and patents and researchers. China should limit that

    Reply
  6. Andreas Hauschild says:
    2 years ago

    The simple fact is that most industry has moved to China, and thereby it is the market you work with if your product servers industry. The company I work for produces equipment for the printed circuit industry production. This production is now 80% in China. So thereby 80% of our business is in China. If we did not sell to China we could close our doors tomorrow. Simple fact.

    Reply
  7. Indian says:
    2 years ago

    If Eu allows china dump then eu gets badly polluted by cheap stuff
    Currently india is facing the fake products of every product by China manufacturer

    Reply
  8. Optic Mass says:
    2 years ago

    Centuries and centuries and centuries of explotive Western Colonialism

    Reply
  9. Wishful Guy says:
    2 years ago

    More n more investors are looking into investment in China. Indeed, the existing one still expand their operation in China contrary to most expectation.
    Today, China is not only the Production or Manufacturing Hubs but the former had offered a new Market for Investors n that is the Innovative Market. Many investors will find this new development a big opportunities for future growth. What being speculated by foreign analysts of foreign exodus from China will never materialise after all.

    Reply
  10. Steven Yellow says:
    2 years ago

    Europe economic without China will be collapsing…where else you can find 1.5bill customers have money to spend…India do have same amount population but 90% people live in poverty and government greedy corruption

    Reply
  11. Retired in Asia says:
    2 years ago

    The biggest joke is India anti-China media WION reported last year mocking China that 1000 companies to move from China to India? Where are the 1,000 countries that moved to India?? No wonder someone said "If you want to hear sweet talk, listen to India. If you want to see action, look at China"
    Watch this report. https://www.youtube.com/watch?v=9fYbSCi-raI

    Reply
  12. OG-GREEN MACHINE says:
    2 years ago

    No shit.
    Was the plan to sell out USA citizens.
    For cheap slaves.
    If we would’ve worked for pennies,
    We would still be in the game.

    Reply
  13. PETE says:
    2 years ago

    China should stop working with the the West hypocrisy !!!!!

    Reply
  14. Will Ng says:
    2 years ago

    Proves China management works. US will soon banned sighting US security issues 🤣

    Reply
  15. Michael Tan says:
    2 years ago

    100% of Singapore companies in Australia lose money!

    Reply
  16. Rehan Sing says:
    2 years ago

    EAST OR WEST CHINA IS THE BEST.

    Reply
  17. Eddie Cheang says:
    2 years ago

    It is people who would suffer, the five eyes, Japan and the Western European political leadership just don't care – they are only interested in playing politics. What a shame!!!

    Reply
  18. mosquedasam says:
    2 years ago

    Not true. but if they say so

    Reply
  19. peter salas says:
    2 years ago

    THHE U.S IS TALKING ABOUT DEMOCRACY ,BUT IS TREATENING THEIR COMPANIES TO CLOSE SHOPS AND EVEN ITS ALLIES…IS THIS A DEMOCRACIES?

    Reply
  20. Guy says:
    2 years ago

    Proof that collaboration beteeen nations works and mutually benefit them. Globalization fosters economic growth.

    Reply
  21. andi tang says:
    2 years ago

    欧洲只是一个大号日本,完全被美国控制住。

    Reply
  22. Cam35mm says:
    2 years ago

    What is Sleepy Joe going to do now?

    Reply
  23. Richard Lim says:
    2 years ago

    Long live the relationship between EU and China – both sides should focus on widening and deepening it economic and cultural relationships.

    For EU, it is essential to be independent of America’s geopolitical interest.

    Reply
  24. Europe says:
    2 years ago

    🇨🇳🇪🇺

    Reply
  25. The real deal says:
    2 years ago

    Kick all western companies and its allies out of China and start preparing for war instead ….guns not butter !

    Reply
  26. blue moon says:
    2 years ago

    America : OUR ENEMY IS YOUR ENEMY …… however we will not impose sanctions as you’re our friends when in war .

    Reply
  27. Alle Go says:
    2 years ago

    If you dislike, no need to have trade war just don't trade. Simple, right? Why waste time bickering…

    Reply
  28. Entertainment Joke says:
    2 years ago

    EU can ask USA to buy its product if it dislike China…. but USA wont give a shit to EU.

    Reply
  29. Juve Zhang says:
    2 years ago

    Volkswagen the most successful company in China

    Reply
  30. John Foo says:
    2 years ago

    China is NOT a country to fight with BUT to partner with. To fight, you lose all. To partner or trade, you win. Look at what happen to Australia, you will understand why trading with and co-exist with China is the best way to gain and profit. Don't go high-and-mighty, holier-than-thou with China, China 不吃这一套 (China don't give two sh!t)。

    Reply
  31. HoeKeat Ung says:
    2 years ago

    So EU sanctions are hopelessly ineffective and those Anti-China people will pay for their idiocy!
    Serve them right!
    China knows exactly how and where to hurt anybody or nation that is stupid enough to think he can stand up to China. These people or nations do not know how meticulously knowledgeable the Chinese are about them.
    They only know how to show their arrogance and hypocrisy!

    Reply
  32. Osterlaich says:
    2 years ago

    That the EU is enabling the US sabor rattling is absolute insanity.😳
    How could they ever sever trade ties? Why insult an long lasting trade partner? Especially while the US is spying on allies.
    Economic growth is not an applicable metric. It's the cause for the climate crisis. And sticking to this nonsense instead of evolving the economic model will lead to extinction.
    The same persons that run the us in the ground at this very moment are the ones peddling this idiocy.
    Infinite growth on an finite planet isn't possible. And space is not an option either. If we don't solve the basics here we are doomed. Socio economics are bare necessities and people that are not cognitively impaired because of an gene defect have to solve for stability. Letting psychopaths setup a system that favors psychopaths is the reason we are in this predicament to begin with.

    Reply
  33. John Edon says:
    2 years ago

    ①[AMERICA+GANG9] = [Rules Based INT'L ORDER] = [USA ORDER] = [GANG ORDER] ≠ [WORLD ORDER];
    ②[UN HQ lead by USA] = [possibly UN ORDER] = [USA ORDER] = [GANG ORDER] ≠ [WORLD ORDER];
    ③[80%NATIONS+PRC] = [NON-USA ORDER] = [Rules Based WORLD ORDER].

    Reply

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