China’s ‘Zero-COVID’ Controls Prompt EU Firms to Consider Moving Investments Elsewhere

A health worker takes a swab sample from a man to be tested for COVID-19 coronavirus at a makeshift testing site along a street in Beijing on May 7, 2022. Jade Gao/AFP via Getty Images

A top business group says that China’s zero-COVID policy has made European companies weigh a shift of investments out of China.

The strict COVID-19 lockdown and supply chain disruptions have rattled business confidence, according to a survey by the European Chamber of Commerce in China published on May 5.