The head of a leading American business lobby in China has warned of an exodus of Western executives from the world’s largest consumer market as President Xi Jinping tightens coronavirus controls. As part of China’s strategy to eradicate the coronavirus, Beijing has enforced strict border security for more than 18 months, including three-week quarantine and
Boris Johnson arrives back at his hotel for the Conservative Conference after his morning run in Manchester todaySmall businesses today rounded on Boris Johnson after Ministers warned workers must be paid better amid fears of food and fuel shortages this winter.Industry chiefs have warned that the burden of higher wages will have to be passed
US President Joe Biden said his administration would issue a warning warning US companies of the risks of doing business in Hong Kong, “what could happen” as China tightens its control over the island.“The situation in Hong Kong is worsening and the Chinese government is not keeping its promises how it would deal with Hong
The UK’s economic recovery will take longer than the government thinks, officials say. A survey of 400 business executives by the consulting firm Kroll found that 72 percent of respondents believe it will take two to five years for the economy to return to 2019 levels. The numbers contradict the Budgetary Responsibility Office (OBR), the
A civil disobedience movement opposing the military regime in Myanmar has paralyzed the economy, as workers go on strike, companies withhold taxes, and the overthrown government urges foreign investors to shun the junta. The movement has received mass support from tens of thousands of government and private employees who opposed Min Aung Hlaing’s February 1
