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China's Zero-Covid Policy Will Stretch Into 2023, US Envoy Says


China’s stringent “zero Covid” policy of travel restrictions and city-wide lockdowns is likely to stretch into next year, and is actively discouraging American and European investment in China, the US ambassador to the country said. “My honest assumption is that we’ll see the continuation of ‘zero Covid’ probably into the beginning months of 2023 -- that’s what the Chinese government is signaling,” Nicholas Burns, the American envoy in Beijing, said during an online event on Thursday. The harsh lockdown in the commercial center and financial hub of Shanghai -- where many US companies have operations and base executives -- has prompted many American businesspeople to leave the country, Burns said.

Bloomberg - June 18, 2022

View the full story here: https://www.bloomberg.com/news/articles/2022-06-16/china-s-zero-covid-policy-will-stretch-into-2023-us-envoy-says