Overview
- Foreign firms report increasing difficulty in influencing decisions from overseas headquarters due to a widening information gap.
- EU Chamber of Commerce notes a 'decoupling' trend, impacting investment and operational strategies in China.
- Economic slowdown and national security concerns drive foreign companies to reconsider their investment plans.
- Localisation strategies, replacing expats with local managers, are complicating communication and trust.
- Business confidence among European companies in China hits a record low, with many considering relocating investments.