ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Coronavirus

Zero-COVID policy forces European companies to consider China exit

Supply chains battered as lockdowns and strict measures weigh on business

BMW opened a robot-powered extension of its joint venture factory in Shenyang, China in April.(Courtesy BMW Group)

SHANGHAI -- Nearly one-quarter of European companies in China are considering moving current or future operations to other markets because of Beijing's strict zero-COVID policy, a survey has found, as mass lockdowns and other strict measures batter supply chains.

The report, published by the European Chamber of Commerce in China on Thursday, said that 23% of the 372 responding companies were mulling a shift, more than double the number in a January survey and the highest proportion in a decade.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more