_european-companies-in-china-feel-the-squeeze-as-economic-growth-slows-down.jpg "European Companies in China Feel the Squeeze as Economic Growth Slows Down from and engineering Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:46
👁 View: 470K times
✓ Published: 11-May-2024
👁 View: 470K times
✓ Published: 11-May-2024
Description:
European companies operating in China face increasing pressure as China's economic growth slows down and overcapacity issues rise. Profits margins for European firms in China are at an 8-year low, with only 30% reporting higher profits than their global average. The slowing real estate sector and geopolitical tensions have contributed to China's economic downturn. Overcapacity is a major issue, especially in industries like construction, automotive, and engineering. It has led to price drops. Getting paid on time by Chinese clients is also a growing challenge as it became more difficult to enforce contracts versus the prior year.
European companies operating in China face increasing pressure as China's economic growth slows down and overcapacity issues rise. Profits margins for European firms in China are at an 8-year low, with only 30% reporting higher profits than their global average. The slowing real estate sector and geopolitical tensions have contributed to China's economic downturn. Overcapacity is a major issue, especially in industries like construction, automotive, and engineering. It has led to price drops. Getting paid on time by Chinese clients is also a growing challenge as it became more difficult to enforce contracts versus the prior year.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_mit-department-of-materials-science-and-engineering.webp "WebsEdge Science")
_data-released-from-key-technical-testing-for-this-new-kind-of-aircraft.webp "Brandon Robinson, CEO of New Horizon Aircraft Ltd, was recently a guest on Benzinga's All-Access.<br/><br/>New Horizon Aircraft is an advanced aerospace engineering company that is developing one of the world's first hybrid electric vertical take-off and landing (eVTOL) aircraft that is to be able to fly most of its mission exactly like a normal aircraft while offering industry-leading speed, range and operational utility. The company's unique designs put the mission first and prioritize safety, performance and utility.<br/><br/>The company recently provided updates on technical testing for its flagship product.")
_danish-bridge-near-miss-massive-engineering-mistakes-engineering-documentary.webp "Banijay Science")
⏲ 44 minutes 44 seconds 👁 2.5K
_aviation-wonders-lesser-known-aircraft-and-engineering-marvels.webp "DroneScapes")
_what39s-an-engineer-crash-course-kids-12-1.webp "Crash Course Kids")
_why-are-fewer-people-studying-science-and-engineering.webp "vlogbrothers")
_secret-ingredient-episode-2-english-sub.webp "Secret Ingredient -Episode 2 English SUB")
_simple-machines-for-kids-science-and-engineering-for-children-freeschool.webp "Free School")
⏲ 6 minutes 12 seconds 👁 806.2K
_mit-department-of-materials-science-and-engineering.jpg)
_data-released-from-key-technical-testing-for-this-new-kind-of-aircraft.jpg)
_danish-bridge-near-miss-massive-engineering-mistakes-engineering-documentary.jpg)
_aviation-wonders-lesser-known-aircraft-and-engineering-marvels.jpg)
_what39s-an-engineer-crash-course-kids-12-1.jpg)
_why-are-fewer-people-studying-science-and-engineering.jpg)
_secret-ingredient-episode-2-english-sub.jpg)
_simple-machines-for-kids-science-and-engineering-for-children-freeschool.jpg)
![[+]](/images/menu.gif){kind=small}