Market barriers, tensions hinder European companies in China

Supply chain risks, politicized business climate bedevil operators

20230621 European Chamber

Jens Eskelund, president of the European Chamber, is framed by the Chinese and European Union flag during the launch of the European Business in China: Business Confidence Survey in Beijing on June 21.  © AP

Nikkei staff writers

SHANGHAI/LONDON/BRUSSELS/PARIS -- A growing number of European companies operating in China find doing business there more difficult, according to a study by the European Chamber of Commerce in China, as a result of higher barriers to market access and rising tensions between Beijing and Washington.

The study, released Wednesday, found three quarters of the 570 companies surveyed have reviewed their supply chains to strengthen resilience while complying with both the European Union's de-risking strategy and U.S. legislation.

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