Travel disruptions, cost-cutting key issues for US business in China: Report

BEIJING: Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the COVID-19 epidemic, according to a report from a business group.

"We will continue to work closely with the relevant government authorities in a bid to bring them back as soon as possible," he said. Both U.S. and European business groups are lobbying China to allow foreign workers back into the country after it shut its borders in late March to non-Chinese nationals to curb the coronavirus.China sees imported cases from abroad as a key threat to its epidemic control.

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Travel disruptions, cost cutting key issues for US business in China: reportGlobal travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the ...
منبع: ChannelNewsAsia - 🏆 6. / 66 ادامه مطلب »

US stocks end down as China tensions end 3-day Dow streakNEW YORK (AFP) - Wall Street stocks ended lower on Thursday (May 28) following a late-afternoon retreat on growing US-China tensions, as markets digested more bad economic data following coronavirus shutdowns.. Read more at straitstimes.com.
منبع: The Straits Times - 🏆 8. / 63 ادامه مطلب »