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[THREAD - KEY SUMMARY]
European Business in China - Business Confidence Survey 2020 by @EuropeanChamber

Summary based on the report and our #podcast interview with Charlotte Roule - Vice President of the European Chamber.

Podcast coming out June 11th.
0/ SAMPLE
📍Company Size
~50% <250 employees
~30% >1k employees
~20% in between
JVs employees not counted

📍Sector
~30% professional services
~35% industrial goods
~21% consumer goods
Rest - specific (e.g. agriculture)

📍% in tweets refer to answers by the Chamber's members
1/ SOFT DOWNTURN
📍Feb 2020 - #EU companies in #China (still before the magnitude of #COVID19 known) noticed worsening conditions comparing to previous years
📍49% said "#business became more difficult"
📍But 41% noticed that market was opening in 2019
Read 16 tweets

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