What were the main challenges for businesses in China in 2021?
Some 23% of European Firms Mull Shifting Out of China

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increased competition from local firms
Stringent COVID-19 measures and a slowing economy
Lack of skilled labor
High taxation rates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of European companies are considering shifting investments away from China?
30%
10%
15%
23%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy are companies adopting to manage supply chains in China?
Outsourcing to third-party providers
Onshoring and localizing supply chains
Reducing production capacity
Increasing imports from other countries
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the EU Chamber's recommendation for China to handle future COVID-19 outbreaks?
Focus on traditional medicine
Increase mass testing
Implement stricter lockdowns
Start using mRNA vaccines and open borders
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are European companies affected by China's closer ties with Russia?
They receive tax incentives
They face increased uncertainty and reconsider their dependence on China
They are unaffected by geopolitical changes
They are encouraged to invest more in China
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major concern for companies operating in Xinjiang?
Limited market access
Competition from local businesses
Human rights abuses and lack of transparency
High operational costs
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What makes doing business in China particularly challenging for European companies?
Lack of technological infrastructure
Limited access to capital
Cultural differences
Conflicting international and Chinese laws
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