Attempts to fully comply with global legislations have led to brands such as H&M being boycotted by Chinese consumers earlier this year. Photo: AP
Attempts to fully comply with global legislations have led to brands such as H&M being boycotted by Chinese consumers earlier this year. Photo: AP

China’s EU chamber warns ‘ideology is trumping the economy’ as zero-Covid sets up worst-case scenario

  • Annual position paper raises a number of red flags for foreign firms as ‘China is losing the allure that it used to have’
  • EU Chamber of Commerce in China does not anticipate a full reopening of the Chinese border until the second half of 2023

Attempts to fully comply with global legislations have led to brands such as H&M being boycotted by Chinese consumers earlier this year. Photo: AP
Attempts to fully comply with global legislations have led to brands such as H&M being boycotted by Chinese consumers earlier this year. Photo: AP
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