Sweden’s long election night ends without answers – but caution on China seems certain
Sweden found itself in political uncertainty this week, as its parliamentary election on Sunday turned out to be extremely tight. With 95 per cent of the votes counted, the opposition left-wing bloc holds a three-seat lead over the governing right-wing bloc, with final results expected on Thursday. I’ve been to multiple election night parties across Europe as a journalist. The one on Sunday night…
Sweden experienced a nail-biting general election on Sunday, with the opposition left-wing coalition winning a narrow three-seat advantage over the ruling right-wing bloc. Final results are expected on Thursday. At the Social Democrats' election night party, the atmosphere was far more subdued than usual, as the close race saw many supporters leave early.
Party leader Magdalena Andersson finally addressed the crowd late into the night. As Swedes await the formation of a new government, there is growing concern among business leaders about the impact of global trade and economic protectionism on the country's economy. China has been a significant focus for Swedish companies seeking to expand their presence in the Swedish market, but the business climate there presents unique challenges.
Senior Chinese executives have expressed frustration over local regulations and political instability, which make it difficult for Chinese firms to thrive.
Written by urgent.news from South China Morning Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
