时局与前瞻

China courts global companies at major import expo despite Covid controls

Few foreigners at Shanghai trade fair as lockdowns and quarantines restrict market access and economic growth

China has wrapped up a flagship import trade fair that sought to boost foreign access to its market, even as the government’s strict anti-coronavirus measures continue to constrain international trade with the country.

The China International Import Expo in Shanghai, one of the world’s largest trade events and a personal project of President Xi Jinping since it launched in 2018, hosted more than half of the biggest multinational companies, according to organisers.

The event, which was held partly virtually last year, comes at a pivotal moment. China’s economy faces intensifying pressure from the government’s zero-Covid policies, weakening trade data and mounting scrutiny of its reopening prospects.

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