European business group warns of loss of confidence in China
A top European industry group warned on Wednesday that firms were losing confidence in China and that its standing as an investment destination was being eroded, citing its "inflexible and inconsistently implemented" COVID policy as a key factor.
Zero-Covid policy crippling 75% of European firms in China: Report
Covid In China: Despite sparking business closures and roiling global supply chains, President Xi Jinping has declared the approach China's most "economic and effective" path forward, and officials have not indicated when the rules might be eased.
Zero-COVID harming 75% of European firms in China: Business group
BEIJING: China's "inflexible" and "inconsistent" zero-COVID policy is crippling European business operations in the country, a major business lobby said Wednesday (Sep 21), warning that the presence of the companies "can no longer be taken for granted". The report by the European Union's Chamber of Commerc