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<ul><li>A majority of British companies in China have forecast falling revenues for 2022 as they expect the country’s current wave of Covid-19 outbreaks and the resulting government response to take a serious toll on business this year.</li><li>55% of the British businesses polled in Beijing, Shanghai and Guangdong, predict revenue will drop this year, while a further 38% said it’s too early to tell</li><li>74% of respondents said the outbreaks have had a serious or large impact on their businesses and cash flow</li></ul>

A majority of British companies in China have forecast falling revenues for 2022 as they expect the country’s current wave of Covid-19 outbreaks and the resulting government response to take a serious toll on business this year.55% of the British businesses polled in Beijing, Shanghai and Guangdong, predict revenue will drop this year, while a further 38% said it’s too early to tell74% of respondents said the outbreaks have had a serious or large impact on their businesses and cash flow

Uncertainty Weighs on British Businesses in China Amid Lockdowns, Chamber Says