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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.

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