EU firms bullish on nation, says survey

Companies in Europe were confident about China's investment climate and would like to commit further resources to the Chinese market, a report released by a pan-European industry lobby yesterday said.

The European Chamber of Commerce, together with global consulting firm Roland Berger, conducted the Business Confidence Survey 2009.

Almost 98 percent of European companies in China have been negatively impacted by the global financial crisis, and larger ones have been more strongly affected than the smaller ones, the survey report revealed.