Caixin
Dec 08, 2022 07:46 PM
BUSINESS

Two Provinces Look to Drum Up Business Overseas as Exports Slump

On Dec. 6, business representatives from Ningbo flew to the United Arab Emirates via Shanghai. Photo: Ningbo Municipal Bureau of Commerce
On Dec. 6, business representatives from Ningbo flew to the United Arab Emirates via Shanghai. Photo: Ningbo Municipal Bureau of Commerce

The governments of two Chinese coastal provinces are helping local companies drum up business and strengthen economic ties overseas as China begins easing strict Covid controls that have largely hindered enterprises from forging connections abroad.

The overseas push shows how Chinese trade companies are trying to find their feet as exports have declined, shrinking in November by the highest rate since the early days of the pandemic in China.

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