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Doing business in China is growing tougher, more uncertain, European business group says

A report by a European business group says that uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China

By ELAINE KURTENBACH and KEN MORITSUGU,Associated Press
Published: March 24, 2024, 6:03am
2 Photos
China Macro Group Managing Director Markus Herrmann Chen speaks during a press conference for European Chamber in Beijing, China, Wednesday, March 20, 2024. Uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China, a report by a European business group said Wednesday.
China Macro Group Managing Director Markus Herrmann Chen speaks during a press conference for European Chamber in Beijing, China, Wednesday, March 20, 2024. Uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China, a report by a European business group said Wednesday. (AP Photo/Tatan Syuflana) Photo Gallery

BEIJING (AP) — Uncertainty and “draconian regulations” have drastically raised risks for foreign businesses in China, a report by a European business group said Wednesday.

The lengthy paper by the European Union Chamber of Commerce in China urges China’s leaders to do more to address concerns that it says have “grown exponentially” in recent years.

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