China is actively seeking foreign investment to boost its slowing growth, but concerns about the sluggish economy are impacting company plans to expand their businesses in the country. According to an annual survey of over 500 European companies, the slowing economy has become the primary worry for respondents.
The survey, conducted by the European Chamber of Commerce in China, revealed that while China remains an attractive investment destination, only 42% of companies are considering expanding their operations in the country this year, marking the lowest percentage on record.
