EU firms are dismayed by the unpredictability of doing business in China due to its zero-tolerance Covid policies but are reluctant to shift operations out of the country, a report has found.
“The only thing predictable about China today is its unpredictability, and that is poisonous for the business environment,” said Bettina Schoen-Behanzin, vice president of the EU Chamber of Commerce in China, which published the report.
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