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Bangkok Post
Bangkok Post
Business

China's Covid controls prompting firms to consider moving elsewhere

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.

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