Caixin
Apr 08, 2022 09:16 PM
ECONOMY

European Firms Feel the Pain of China’s Covid Resurgence, Business Group Says

A container ship sails on the Huangpu River in July 2020. Photo: VCG
A container ship sails on the Huangpu River in July 2020. Photo: VCG

The latest resurgence of Covid-19 across China has disrupted global supply chains and put pressure on foreign companies, said executives of the European Chamber of Commerce in China.

The remarks came as the world’s manufacturing powerhouse is facing the most severe wave of Covid-19 outbreaks since the virus first erupted in Wuhan at the end of 2019. Since March, the highly transmissible omicron variant has raged across China, prompting local authorities to impose drastic controls including restrictions on mobility and community lockdowns as Beijing persists with its “zero-Covid” strategy.

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