Investor confidence in China is declining, according to a survey from the European Union. The report comes on the heels of last week’s International Monetary Fund’s (IMF) announcement of a cut in China’s economic growth forecast.
The European Union’s Chamber of Commerce polled more than 500 of its members. The results show optimism among Western businessmen about the potential to profit in China is at its lowest point since China first opened to foreign markets.
“This year the …
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