European firms remain upbeat on Chinese market

China, as an important market for European business, is definitely a place to stay, EU commerce chamber's Eskelund. — China Daily

BEIJING: “European companies are not running for the exit. Instead, most of our member companies remain committed to the Chinese market,” Jens Eskelund, president of the European Union Chamber of Commerce in China, says.

Though slow global economic development, weak demand, and a volatile geopolitical environment have led some firms to consider diversifying supply chains, the relocation of activities outside of China remains a minor phenomenon, Eskelund told Xinhua in an exclusive interview.