Friday, July 1, 2022

EU firms complain about COVID-19 restrictions, uncertainty in China

Many of China’s metropolitan areas are affected by restrictions due to COVID-19 outbreaks, some of which are minor in scale.

• May 16, 2022
EU Chamber of Commerce in China and Joerg Wuttke
EU Chamber of Commerce in China and Joerg Wuttke

European companies operating in China are suffering badly from the restrictions imposed by China’s strict zero-COVID policy, the chairman of the EU Chamber of Commerce in China, Joerg Wuttke, said on Monday.

“The uncertainty makes everything very difficult. What will happen next? When will the next lockdown be implemented,” Mr Wuttke said.

Chamber representatives reported that freight transport between cities is difficult and businesses have had to suspend or reduce production, all of which adds up to severe supply chain disruption.

Many of China’s metropolitan areas are affected by restrictions due to COVID-19 outbreaks, some of which are minor in scale.

Shanghai, the country’s economic and financial centre, has been under a lockdown involving strict curfews for millions of people for six weeks.

Mr Wuttke said that the authorities had been forced to impose draconian measures because China was still a long way from achieving herd immunity.

“Instead of accelerating the vaccination of the elderly, they have actually slowed down,” he said.

More than 100 million people in China over the age of 60 have not yet been fully vaccinated.

(dpa/NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Maasai herder

Africa

Tanzanian herdsmen charged with murder

The 25 suspects had taken part in protests against the eviction of their community from their ancestral land in Loliondo in the northern Ngorongoro district.

Peter Nwaoboshi

States

JUST IN: Court of Appeal convicts Senator Nwaoboshi of money laundering

The anti-graft EFCC secured a key victory in its campaign against endemic graft after appealing a defeat at the lower court in August 2021.

Abdullahi Ganduje

States

Court blocks Ganduje from borrowing N10 billion for CCTV installation

The State House of Assembly had on June 15 approved Mr Ganduje’s request to access N10 billion from Access Bank.

Richarlison

Sport

OFFICIAL: Everton striker Richarlison joins Tottenham Hotspur 

Richarlison becomes fourth summer signing for Spurs after Fraser Forster, Ivan Perisic and Yves Bissouma.

bakery

Abuja

Multiple taxation, high production cost force closure of over 40 bakeries in Abuja

Mr Abdulraheem said it was becoming increasingly disturbing that bakeries in Abuja could no longer cope with the high cost of production.