British Firms in China Wary to Invest Over Slowdown, Survey Says
- 55% surveyed firms will cut or maintain investment level
- Sentiment improved from last year’s record pessimism
This article is for subscribers only.
British companies in China are holding off investment decisions because of a gloomy economic outlook and geopolitical uncertainty, according to a recent survey.
This pessimism was captured in the first annual survey by the British Chamber of Commerce in China after the country emerged from strict pandemic controls, underscoring the persistent headwinds facing the Chinese economy beyond temporary disruptions caused by Covid-19 curbs.