What three years of China’s COVID travel restrictions cost the world

The travel restrictions have also exacted a huge cost for Chinese companies and global firms that work in China. A survey…by the US-China Business Council found that travel restrictions were the third largest issue for its members, after covid lockdowns and US-China relations writ large. “For most of the past few years, covid-related travel restrictions made it impractical for US-based executives to visit their operations in China,” said Craig Allen, president of the US-China Business Council. “This not only created operational difficulties for companies but also narrowed the people-to-people exchanges that are so important for the business community.”