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China's rising costs deter European business: survey
Beijing (AFP) May 29, 2012
One in five European companies operating in China may invest elsewhere
in the future as wages are getting too high and regulations too
cumbersome, according to a poll released Tuesday.
The European Chamber of Commerce said that while China was an
increasingly important market for its members, many were deterred by
rising prices and regulatory barriers in the world's second largest
economy.
One in five European companies operating in China may invest elsewhere
in the future as wages are getting too high and regulations too
cumbersome, according to a poll released Tuesday.
The European Chamber of Commerce said that while China was an
increasingly important market for its members, many were deterred by
rising prices and regulatory barriers in the world's second largest
economy.
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