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China’s Lure for European Firms Outshines Flaring Tensions

  • Large manufacturers are deepening local presence amid risks
  • European companies face high bar for reducing China reliance
BMW’s facility in Shenyang.
BMW’s facility in Shenyang.Photographer: AFP/Getty Images
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European investment in China is holding up for now despite deteriorating political relations between the two trading partners, with businesses looking for ways to work around any decoupling threat.