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China Vows to Ease Supply Chain Woes in Foreign Chamber Meeting

  • Commerce minister hears concerns of foreign business groups
  • Beijing reiterates Covid Zero stance during two-hour session
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BofA's Qiao on China's Economic Growth

Chinese officials pledged in a meeting with foreign chambers to address supply chain concerns while reaffirming their commitment to the country’s Covid Zero strategy, according to participants.

Representatives of foreign companies in China met Monday with Commerce Minister Wang Wentao to discuss the impact of Covid controls, as outbreaks and lockdowns spread across the country and damage the economy. The eight groups present were the European, German, Japanese, South Korean and U.K. chambers, as well as AmCham China, AmCham Shanghai and the U.S.-China Business Council.