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A worker producing solar photovoltaic modules used for solar panels at a workshop in Huaian, Jiangsu Province, China, on Sept. 25, 2023. STR/AFP via Getty Images
European businesses in China are struggling to maintain profitability as growth slows and overcapacity pressures rise, resulting in a record drop in business confidence last year, the latest survey by the European Union Chamber of Commerce (European Chamber) in China revealed on May 10.
