But the survey of companies warns ‘politicisation of commercial issues’ a threat, as Brussels seeks to de-risk supply chains.

Most Chinese companies are faring well in the European Union despite rising challenges such as higher labour costs, trade barriers and the bloc’s efforts to reduce dependence on Beijing, the China Chamber of Commerce to the EU (CCCEU) said in its annual report. Over 80 per cent of surveyed companies reported stable or improved performance in Europe in 2024, with more than half posting revenue growth and 40 per cent turning higher profits, according to the report published on Wednesday by the…

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