People line up at a nucleic acid testing site at the Central Business District (CBD) in Chaoyang district, amid the Covid-19 outbreak in Beijing, China, on Thursday. (Photo: Reuters)
SHENZHEN: European businesses in China are increasingly looking to shift their investments to other markets due to the country’s strict Covid-19 containment measures and supply chain disruptions, the European Chamber of Commerce in China said on Thursday.
A member survey found that almost a quarter of respondents were considering moving current or planned investments out of China, more than double the number at the start of the year.
“Our members are weathering the storm for now, but if the current situation continues, they will increasingly evaluate…
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