European investors still favor China

Despite the pressure of the slowing global and Chinese economies, most companies from the European Union with operations in China regard the nation as a top-three destination for current and future investment, according to the annual European Union Chamber of Commerce in China survey published on Monday.

Sixty-two percent of respondents to the questionnaire - European Business in China Business Confidence Survey 2019 - said they see China as a high priority market, pointing to the integral role that China plays in international supply chains.

The survey, collecting ideas from a wide cross-section of industries, including the service and manufacturing sectors, found that 56 percent of respondents are looking to expand their operations this year. These findings signal that the business community is not inclined toward a decoupling of Europe and China.