European businesses in China are revaluating their market plans after this year’s Covid controls further isolated the country from the rest of the world, said Joerg Wuttke, president of the European Union Chamber of Commerce in China.
China’s stringent Covid policy has restricted international travel, and business activity — especially after a two-month lockdown this year in Shanghai.
The tough measures of the last two years initially helped China recover more quickly from the pandemic’s shock compared to other countries.
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