Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Home Local news European Firms Reduce Spending and Investments in Response to China’s Economic Slowdown
  • Local news

European Firms Reduce Spending and Investments in Response to China’s Economic Slowdown

    European companies cut costs, scale back investments in China as its economy slows
    Up next
    Musk's bromance with Trump officially OVER as he blasts White House
    Elon Musk Publicly Ends Friendship with Trump, Criticizes White House
    Published on 28 May 2025
    Author
    Internewscast
    Tags
    • back,
    • Business,
    • China,
    • companies,
    • costs,
    • cut,
    • Economy,
    • European,
    • Investments,
    • its,
    • Jens Eskelund,
    • Scale,
    • slows,
    • world news
    Share this @internewscast.com
    FacebookXRedditPinterest

    BEIJING – European companies are streamlining their operations and reducing investment initiatives in China due to the slowing economy and intense competition pushing prices lower, as highlighted in an annual survey released on Wednesday.

    The difficulties faced by these companies signify the broader economic challenges in China, primarily stemming from a lingering real estate crisis that has negatively impacted consumer spending. Furthermore, Beijing is dealing with increasing opposition from Europe and the United States regarding its escalating export levels.

    “The situation has worsened across numerous key indicators,” stated the European Union Chamber of Commerce in China in the introduction to its 2025 Business Confidence Survey.

    The same forces that are driving up Chinese exports are depressing the business outlook in the Chinese market. Chinese companies, often enticed by government subsidies, have invested so much in targeted industries such as electric vehicles that factory capacity far outpaces demand.

    The overcapacity has resulted in fierce price wars that cut into profits and a parallel push by companies into overseas markets.

    In Europe, that has created fears that growing imports from China could undermine its own factories and the workers they employ. The EU slapped tariffs on Chinese EVs last year, saying China had unfairly subsidized electric vehicle production.

    “I think there’s a clear perception that the benefits of the bilateral trade and investment relationship are not being distributed in an equitable manner,” Jens Eskelund, the president of the EU Chamber in China, told reporters earlier this week.

    He applauded efforts by China to boost consumer spending but said the government must also take steps to ensure that supply growth doesn’t outpace that in demand.

    The survey results show that the downward pressure on profits increased over the past year and that a fall in business confidence has yet to bottom out, Eskelund said. About 500 member companies responded to the survey between mid-January to mid-February.

    “It is just very difficult for everyone right now in an environment of declining margins,” he said.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

    Share this @internewscast.com
    FacebookXRedditPinterest
    You May Also Like
    Boys and Girls Clubs concerned over after school care funding freeze
    • Local news

    Funding Freeze for After-School Care Worries Boys and Girls Clubs

    VIRGINIA BEACH, Va. (WAVY) A local organization is sharing the impact a…
    • Internewscast
    • July 12, 2025
    Brother, sister killed; parents injured in New Mexico flooding identified
    • Local news

    Siblings Die and Parents Hurt in New Mexico Flooding; Victims Identified

    EL PASO, Texas (KTSM) A brother and sister, who were killed in…
    • Internewscast
    • July 12, 2025
    Would-be Trump assassin Thomas Crooks remains an enigma
    • Local news

    Mysterious Attempted Assassin of Trump, Thomas Crooks, Stays Unidentified

    This Sunday, presents a special report: “The Plot to Kill Trump: One…
    • Internewscast
    • July 12, 2025
    Family of teen charged in Polk County 'swatting' case shares their side of the story
    • Local news

    Family of Teen Involved in Polk County Swatting Incident Speaks Out

    POLK COUNTY, Fla. (WFLA) — On Thursday, News Channel 8 brought you…
    • Internewscast
    • July 12, 2025
    Museum finds 70-million-year-old fossil under parking lot
    • Local news

    Fossil Dating Back 70 Million Years Discovered Beneath Museum Parking Lot

    DENVER (KDVR) – The Denver Museum of Nature and Science announced on…
    • Internewscast
    • July 12, 2025
    Court tosses 9/11 mastermind Khalid Sheikh Mohammed plea deal
    • Local news

    Judge Rejects Plea Deal for 9/11 Plot Organizer Khalid Sheikh Mohammed

    A panel of federal appeals court judges on Friday threw out a…
    • Internewscast
    • July 12, 2025
    LIVE: Blue Angels roar through the sky at Pensacola Beach Air Show
    • Local news

    Live Coverage: Blue Angels Dazzle the Skies at Pensacola Beach Air Show

    PENSACOLA BEACH, Fla. (WKRG) — The Blue Angels have returned to their…
    • Internewscast
    • July 11, 2025
    Man charged after taking stolen rental boat from the Keys to Cuba
    • Local news

    Suspect Arrested for Stealing Rental Boat and Sailing from Florida Keys to Cuba

    KEY WEST, Fla. (WFLA) — Authorities from the Monroe County Sheriff’s Office…
    • Internewscast
    • July 11, 2025
    T-Mobile scraps DEI while awaiting deal approvals from FCC
    • Local news

    T-Mobile Halts DEI Initiatives Amid FCC Deal Approval Process

    () T-Mobile will eliminate its diversity, equity and inclusion programs as it…
    • Internewscast
    • July 11, 2025
    Families concerned about cemetery maintenance
    • Local news

    Families Worried About Cemetery Upkeep

    SAVANNAH, Ga. () — Families are sharing their concerns over the treatment…
    • Internewscast
    • July 12, 2025
    Judge orders Trump administration to halt indiscriminate immigration stops, arrests in California
    • Local news

    Court Orders Trump Administration to Cease Random Immigration Raids and Arrests in California

    LOS ANGELES (AP) A federal judge on Friday ordered the Trump administration…
    • Internewscast
    • July 12, 2025
    Iliamna Volcano in Alaska 'rumbling' after being inactive for a century
    • Local news

    Iliamna Volcano in Alaska Shows Signs of Activity After 100 Years of Dormancy

    () A volcano in Alaska that last erupted in 1867 is displaying…
    • Internewscast
    • July 12, 2025
    The hidden drag on China's economy
    • Asia

    Unveiling the Unseen Challenges Affecting China’s Economy

    Pictured here is construction on the One Sunac Opus high-end apartment complex…
    • Internewscast
    • July 12, 2025
    Brazil's president warns of retaliation after Trump unveils 50 percent tariffs
    • Local news

    Brazil’s President Threatens Response to Trump’s 50% Tariff Announcement

    Brazilian President Luiz Inácio Lula da Silva warned on Wednesday that his…
    • Internewscast
    • July 12, 2025
    Aftermath of a Russian missile strike in Lviv, Ukraine.
    • US

    NATO Jets Mobilized as Putin Executes Major Assault on Ukraine with 700 Drones and Hypersonic Missile

    NATO fighter jets were scrambled overnight after Russia launched one of the…
    • Internewscast
    • July 12, 2025

    Hawthorne Resident Arrested for Threatening Driver with a Gun Following Accident

    Staff report GAINESVILLE, Fla. – Andrew Manuel Cabeza, aged 38 and a…
    • Internewscast
    • July 12, 2025
    Internewscast Journal
    • Home
    • Privacy Policy
    • DMCA Notice
    • Terms and Conditions
    • Guest Post
    • Support Our Cause
    Copyright 2023. All Right Reserverd.