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Al Jazeera
Al Jazeera
Business

EU firms in China forced to focus on risks over business, lobby group says

Jens Eskelund, president of the European Union Chamber of Commerce in China, has urged firms to reconsider overly cautious behaviour to avoid stifling growth and innovation [Tatan Syuflana/AP]

European companies in China are overly focused on risk management amid a less predictable and more politicised business environment in the world’s second largest economy, a business lobby group has warned.

The European Union Chamber of Commerce in China said on Wednesday that about three-quarters of respondents to a survey of its 1,700 members had reviewed their supply chains and exposure in China over the past two years amid a “general sentiment of uncertainty”.

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