Some 23% of European Firms Mull Shifting Out of China

Some 23% of European Firms Mull Shifting Out of China

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the challenges European companies face in China, including COVID-19 restrictions, economic slowdown, and geopolitical tensions. It highlights survey results showing increased revenues but also growing difficulties in doing business. Companies are considering shifting investments and localizing operations. The video also addresses supply chain resilience, the need for vaccination strategies, and ethical concerns in regions like Xinjiang.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What were the main challenges for businesses in China in 2021?

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