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Excel, Word and PowerPoint Tutorials from Howtech
Excel, Word and PowerPoint Tutorials from Howtech
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_european-companies-in-china-feel-the-squeeze-as-economic-growth-slows-down.webp "European companies operating in China face increasing pressure as China's economic growth slows down and overcapacity issues rise. Profits margins for European firms in China are at an 8-year low, with only 30% reporting higher profits than their global average. The slowing real estate sector and geopolitical tensions have contributed to China's economic downturn. Overcapacity is a major issue, especially in industries like construction, automotive, and engineering. It has led to price drops. Getting paid on time by Chinese clients is also a growing challenge as it became more difficult to enforce contracts versus the prior year.")
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