business
European companies double down on China manufacturing despite EU de-risking push
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- 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.
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BEIJING — 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.
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