european companies – Charm

China’s economy beats expectations, new sub-hunting tech: SCMP daily highlights

Cs news2 months ago02 mins

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China’s economy grows 5.4% in first quarter ahead of full-blown US trade war China’s economy beat expectations to expand by 5.4 per cent in the first quarter, keeping it…

From Apple to Starbucks, Western firms’ China dreams are dying

Cs news7 months ago010 mins

Executives of those companies scoff at all this. Many say they now struggle to justify investing in the country and talk instead of cutting staff. In a recent survey by the American Chamber of Commerce in Shanghai, less than half of respondents said they were optimistic about the prospects for their business in China over…