Nearly 60% of European companies plan to expand their China operations in 2021, up from 51% last year, according to an annual survey by the European Chamber of Commerce released Tuesday.

☆ Yσɠƚԋσʂ ☆ · 3 years ago

Nearly 60% of European companies plan to expand their China operations in 2021, up from 51% last year, according to an annual survey by the European Chamber of Commerce released Tuesday.

☆ Yσɠƚԋσʂ ☆ · 3 years ago

In the long run I agree, but we have to be realistic about the world we live in today. Western economic dependence on China is pretty much the only thing that prevents outright aggression. It’s not possible to simply flip a switch to transition from capitalism to communism, and as long as capitalism is the dominant ideology in the world it’s going to be impossible to avoid it entirely. USSR tried and they got destroyed eventually.

Nearly 60% of European companies plan to expand their China operations in 2021, up from 51% last year, according to an annual survey by the European Chamber of Commerce released Tuesday.

Nearly 60% of European companies plan to expand their China operations in 2021, up from 51% last year, according to an annual survey by the European Chamber of Commerce released Tuesday.

Bloomberg - Are you a robot?