{"id":817,"date":"2022-05-17T17:16:24","date_gmt":"2022-05-17T09:16:24","guid":{"rendered":"https:\/\/www.gochambers.com\/globalupdates\/?p=817"},"modified":"2022-05-17T17:16:24","modified_gmt":"2022-05-17T09:16:24","slug":"china-meets-with-foreign-chambers-as-lockdowns-hit-business","status":"publish","type":"post","link":"https:\/\/www.gochambers.com\/globalupdates\/economic\/china-meets-with-foreign-chambers-as-lockdowns-hit-business\/","title":{"rendered":"China Meets With Foreign Chambers as Lockdowns Hit Business"},"content":{"rendered":"<p>Representatives of foreign companies in China were expected to meet the nation\u2019s commerce minister to discuss the impact of Covid controls, as outbreaks and lockdowns spread across the country and damage the economy.<\/p>\n<p>Commerce Minister Wang Wentao will meet representatives from American, European, Japanese and other chambers of commerce Monday, according to Joerg Wuttke, president of the European Union Chamber of Commerce in China. The meeting will be a chance for members of the foreign business community to share their concerns with senior Chinese officials and shows the urgency of the current situation, Wuttke said.<\/p>\n<p class=\"paywall\">\u201cWhat I care about is that they listen,\u201d Wuttke said.<\/p>\n<p class=\"paywall\">AmCham Shanghai declined to comment. AmCham China didn\u2019t respond immediately to a request for comment Monday. The Commerce Ministry also didn\u2019t respond to a similar request.<\/p>\n<p class=\"paywall\">The Chinese government has so far shown no sign of abandoning the strategy championed by President Xi Jinping, even as fresh data showed that the lockdowns have begun to\u00a0damage\u00a0the economy. A commentary published on the front page of the Communist Party\u2019s People\u2019s Daily newspaper Monday\u00a0reaffirmed\u00a0support for the \u201ccorrect and effective\u201d policy and urged the country to unite \u201cmore closely around the party\u2019s leadership with Xi Jinping as the core.\u201d<\/p>\n<aside class=\"left-rail-newsletter paywall\"><\/aside>\n<p class=\"paywall\">Earlier this month, the European Chamber sent a letter to Chinese Vice Premier Hu Chunhua arguing that the omicron variant was \u201cposing new challenges that seemingly cannot be overcome by applying the old toolbox of mass testing.\u201d The letter, which was signed by Wuttke, added that such measures were increasing the social and economic costs of the pandemic.<\/p>\n<p class=\"paywall\">\u201cThis is also having an unfortunate impact on China\u2019s image to the rest of the world while eroding foreign investors\u2019 confidence in the Chinese market,\u201d Wuttke said in the letter.<\/p>\n<p class=\"paywall\">The party\u2019s Global Times newspaper\u00a0dismissed\u00a0the European Chamber\u2019s stance, saying \u201cbiased smearing against China\u2019s lifesaving policy is counterproductive.\u201d<\/p>\n<p class=\"paywall\">Separately, the Japanese Chamber of Commerce in Shanghai issued a\u00a0<a title=\"Link\" href=\"https:\/\/www.jpcic-sh.org\/news\/article\/newsid\/3375\" target=\"_blank\" rel=\"noopener\">report<\/a>\u00a0last week, outlining the impact of the Shanghai lockdown on Japanese companies and their staff. That report was accompanied by a\u00a0letter\u00a0from Consul General Shuichi Akamatsu, who\u00a0underscored\u00a0the impact of the lockdown on the 40,000 Japanese citizens and about 2,300 Japanese firms in the city.<\/p>\n<p class=\"paywall\">The Chinese Ministry of Industry and Information Technology\u00a0said\u00a0Friday that it would push forward the resumption of production at major factories in Shanghai as it tried to ensure smooth supply chains. The city then\u00a0announced\u00a0a plan on Saturday night to allow some closed companies to restart operations, although there was no timetable.<\/p>\n<p class=\"paywall\"><em>\u2014 With assistance by Colum Murphy, Tom Hancock, and James Mayger<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Representatives of foreign companies in China were expected to meet the nation\u2019s commerce minister to discuss the impact of Covid controls, as outbreaks and lockdowns spread across the country and damage the economy. Commerce Minister Wang Wentao will meet representatives from American, European, Japanese and other chambers of commerce Monday, according to Joerg Wuttke, president [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[41,6,9],"tags":[],"class_list":{"0":"post-817","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asia-pacific","8":"category-economic","9":"category-regions"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China Meets With Foreign Chambers as Lockdowns Hit Business - Chamber Listing Search Engine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gochambers.com\/globalupdates\/economic\/china-meets-with-foreign-chambers-as-lockdowns-hit-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Meets With Foreign Chambers as Lockdowns Hit Business - Chamber Listing Search Engine\" \/>\n<meta property=\"og:description\" content=\"Representatives of foreign companies in China were expected to meet the nation\u2019s commerce minister to discuss the impact of Covid controls, as outbreaks and lockdowns spread across the country and damage the economy. 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