29 May 2012 17:49 [Source: ICIS news]
LONDON (ICIS)--More than one in five European firms with operations in ?xml:namespace>
The EU Chamber of Commerce in
Nearly half of the survey respondents said they had missed out on business opportunities in
While many indicators suggest that the Chinese market is maturing “the same cannot be said of the regulatory environment” the chamber said.
“There is an overwhelming lack of optimism among survey respondents for future positive reform, with many companies perceiving regulatory reform to have stalled,” it added.
Last week, Peter Huntsman, the CEO of US-based chemicals major Huntsman, said that only a few years ago foreign manufacturers in
However, as more Chinese producers are establishing local production,
Huntsman has had difficulties getting environmental permits for a methylene-diphenyl-
The chamber conducted the survey in partnership with consultants Roland Berger. The results are available on the chamber’s website.
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