Foreign Firms in China Face Growing Challenges Amid Economic Slowdown

As China's economy decelerates, foreign companies encounter heightened obstacles in maintaining operations and trust with headquarters.

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.