After China reopened its borders in 2023, many expected to see a strong economic recovery. Instead, the year saw a raft of disappointing economic data. In addition, the Chamber’s Business Confidence Survey revealed that many members are not feeling optimistic about the current business environment. What will it take to boost confidence and support economic growth? In the January/February 2024 edition of EURObiz, contributors explore how China can re-boot its economy and how firms can still thrive in the current environment.

Articles featured:

• Re-booting the economy: How does China plan to support growth in 2024?
• China’s salary squeeze: Motivating employees in difficult times
• Chinese consumers have changed, but not how you think
• Strategies for difficult times: Foreign companies can still thrive in today’s China
• Data dilemmas Cross-border transfer of personal data: navigating compliance issues

This edition of EURObiz explores a number of areas, such as how the European Union (EU)’s Foreign Subsidies Regulation has not had the impact that many expected and how the EU is taking a series of measures to protect its economic security. There is also an article looking at how China’s accession to the Hague Apostille Convention should make it easier to legalise foreign documents for use in the country. 

Articles:

• China joins Hague Apostille Convention: Membership of the Convention will make the authentication of documents easier
• The European Economic Security Strategy: What impact will it have on European industry?
• The EU’s Foreign Subsidies Regulation: A blessing or a curse?

This edition of EURObiz focusses on some of the ways in which countries are attempting to manage economic risks. The European Chamber recently published a report with China Macro Group, Riskful Thinking: Navigating the Politics of Economic Security, which looked at the different measures taken by the European Union, China and the United States to protect their economies. Two articles in this edition of EURObiz, explore some of the issues covered in the report.

Articles:

• Riskful Thinking: Navigating the Politics of Economic Security
• #BECAUSEOFUS: More realistic packaging standards for special dietary foods
• Navigating the EU’s risk management measures: Implications for EU-China industry collaboration
• Pleasing nobody: The EU’s Corporate Sustainability Due Diligence Directive