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Foreign companies are shifting investment out of China as confidence wanes, business group says

Por: ABC News World June 21, 2023

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BEIJING -- Foreign companies are shifting investments and their Asian headquarters out of as confidence plunges following the expansion of an anti-spying law and other challenges, a business group said Wednesday.The report by the European Union Chamber of Commerce in China adds is one of many signs of growing pessimism despite the ruling Communist Party’s efforts to revive interest in the world’s No. 2 economy following the end of anti-virus... + full article



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