China’s abrupt exit from zero-COVID led to only moderate business impacts on USCBC members. Most recovered from the initial shock within two months.
Capacity at major air freight logistics hubs, including airports in Shenzhen, Shanghai, and Guangzhou, has returned to pre-pandemic levels, and companies report that supply and demand for international air freight to and from China are close to equilibrium.
Global business executives are planning to visit China for the first time since the pandemic started. The majority of interviewed companies note great interest from their senior leadership to travel to China in the first half of 2023.