China is losing its luster as a top country to invest in as firms seek to avoid geopolitical risks and turn to Southeast Asia and Europe, according to a survey by the European Union Chamber of Commerce in China.
Only 13% of firms surveyed earlier this year saw the country as a top destination for investments, the lowest level since records began in 2010 and down from 27% in 2021. Companies are now shifting investments to mitigate the impact of “decoupling” between China and other cou