European business "is suffering from accumulated 'promise fatigue,' having witnessed a litany of assurances over recent years that never quite materialized," the EU Chamber wrote in its latest paper. "It appears that in many areas, China is no longer opening up, but selectively closing up."
Foreign firms have long complained of an uneven playing field and an opaque regulatory environment when it comes to China. About 54 percent of European firms say they perceive they're treated less favorably than domestic companies, according to the Chamber.
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