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European companies double down on China manufacturing despite EU de-risking push

From cnbc.com

More European companies are maintaining or expanding their supply chains in mainland China to remain competitive globally, according to a survey released Wednesday by the European Union Chamber of Commerce in China. Nearly one-third of respondents said they were onshoring further in China, while 37% said they had not changed their supply chain strategy over the last two years, the report said. The survey was based on responses from nearly 300 members collected from January to February who were familiar with their companies’ mainland China supply chain strategies. In total, 68% of respondents said they were either ... (full story)

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  • Category: Fundamental Analysis