China: Business Confidence Survey 2014
Author: in partnership with Roland Berger Strategy Consultants
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Price |
FREE |
Publisher |
European Union Chamber of Commerce in China |
Publication date |
29 May 2014 |
ISBN |
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Publication synopsis Business conditions in China are getting tougher and this has led to a further weakening of the financial performance of European companies in the domestic marketplace. A new sober reality is developing, exemplified by a sense of pessimism that is becoming entrenched within the European business community in China, as persistent market challenges show little sign of abating. The key market dynamics contributing to these results include: A general slowdown of the Chinese economy; Increasing labour costs;
Competition from both privately-owned Chinese companies and resurgent state-owned enterprises (SOEs).
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