EV Photo:VCG
The overall confidence of Chinese enterprises in the European business environment has been diminished, with the EU intensively adopting unilateral measures such as probes under the EU Foreign Subsidies Regulation (FSR), the China Chamber of Commerce to the EU (CCCEU) said on Sunday, expressing concern about the intensified situation for Chinese companies in the bloc.
The remarks were made in response to media reports that China’s Great Wall Motor (GWM) is shutting its Europe headquarters in Munich, Germany, a move that has immediately drawn wide attention as the EU’s…