With fears rising over a possible Taiwan conflict, "COVID zero" policies crimping China’s economy and relations between Beijing and several global powers seemingly in free fall, investment in the world’s second-largest economy has lost some of its luster.
But some European companies haven’t received the memo, pouring in an extra 15% in investment in the first half of this year.
That's despite cooler ties between the European Union and China and plans by bloc heavyweight Germany and other members to curb investments and reduce dependence on the Chinese market, triggering industry concerns about the economic impact of a decoupling.
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