EU companies not in favour of China's difficult business environment
Image Credit: ec.europa.eu
50% of 532 Europeans companies surveyed said that China's environment is getting worse for their business due to legal issues and high labor costs, and will continue to worsen. Calling the hostile business environment a hindrance to their operations, 20% EU companies said that China acquires its technology through forced technology transfer and 25% didn't see the possibility of a more open Chinese market.