International business representatives said on Friday that China’s ban on foreign nationals entering the country would have an “enormous” impact on their operations and cast doubts on China’s effort to open its economy.
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10 Views | the publication reaches you by | Bulgarian Business Club“The temporary ban on foreign nationals returning to China will have an enormous impact on many European businesses and families based here,” it said in a statement.
The chamber said it expected that these measures would be constantly reevaluated and adjusted as the global situation develops, so that foreign experts could return and families could be reunited as soon as possible.
“Europe has a proven comeback story with the unification and alignment of its markets culminating in the largest free-trade zone in the world, the EU. Similarly, China has an established track record of handling challenging economic situations – in 1978, 1992 and 2001 – by opening up its markets. Let’s not waste this crisis,” he said.
Citing the need to contain imported cases of Covid-19, the Chinese foreign ministry said that entry visas issued to foreigners would be suspended as an “interim measure”, according to a statement late on Thursday that caught foreign businesses and communities by surprise.
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15 Views | the publication reaches you by | Bulgarian Business Club
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