Money

European companies turn to China

Published

5 years ago

June 8, 2021

European companies are developing ties with China, and moving their supply chains onshore.

Around 60 per cent of European companies are planning to expand their China operations this year – up from 51 per cent. Over 585 respondents took part in the questionnaire through the European Chamber of Commerce. Businesses answered questions about their recovery from COVID-19.

European companies said China’s resilience and recovery from the pandemic made the nation an important source of profits and growth.

In all, half the respondents said profits in China were higher than the global average – 38 per cent high than a year earlier.

“The resilience of China’s market provided much-needed shelter for European companies amidst the storm of the Covid-19 pandemic.”

THE SURVEY REPORT

BMW AG and French company, LVMH SE are some of the companies who have turned to China since the pandemic.

Three-quarters of all survey respondents reported a profit in the last year. Meanwhile 14 per cent broke even, which was around the same as previous data.

Onshoring operations

Around a quarter of surveyed companies are onshoring their operations. But nine per cent of companies are actually thinking about moving their investments out, the lowest on record.

Charlotte Roule, from the European Chamber of Commerce said companies are thinking more about their supply chains.

“The main point is to develop supply chain as much as possible here, as far as it’s possible, to provide what’s needed for the market here,” she said.

But 40 per cent of surveyed European companies said China’s business environment had become more political in the past year alone.

China’s President, Xi Jinping recently called for Chinese officials to create more favourable relationships with Europe and the United States.

Up Next

Apple in talks with Chinese suppliers about upcoming electric vehicle

Don't Miss

Solar grants to support small business | TICKER VIEWS

Costa Haritos

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

Click to comment

Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

3 days ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker

Money

Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

Published

3 days ago

January 30, 2026

Harvey Vargas

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.

Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

5 days ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue