"China remains a key supplier to the world"
According to a report on the website of the US Consumer News and Business Channel on May 17, a report from Germany's Allianz Trading Company said that China remains a "key supplier" to the world and that comprehensive "decoupling" from it is "difficult, if not impossible." of".
According to the report, European companies are still optimistic about China's prospects - nearly 40% of companies in Germany and Spain and more than 30% of companies in France expect their supply chain footprint in China to increase.
The report shows that 27% of U.S. companies surveyed plan to expand in China.
"European companies are clearly less worried than American companies," said the report, organized by Anna Boat, head of economic research at Allianz Trading Company.
▲File picture: On April 15, Chinese and foreign businessmen were at the venue of the 135th Canton Fair.
Allianz Trading surveyed more than 3,000 companies in China, France, Germany, Italy, Poland, Spain, the United Kingdom and the United States, asking them about their outlook for global trade in 2024.
The survey results show that more than one-third of the respondents plan to increase their footprint in China, while only 11% of the respondents said they would reduce their footprint.
"China remains a key global supplier and complete 'decoupling' from China will be difficult, if not impossible," the Allianz Trading report said.
At the same time, Chinese companies are increasingly optimistic about exporting to other countries.