
Foreign business urges China to change course on Covid
CNN
Groups representing Western businesses in China are urging Beijing to relax its approach to Covid, saying harsh lockdowns are damaging earnings and investment and forcing a growing number of companies to consider shifting operations out of the world's second biggest economy.
Over 50% of American businesses have either delayed or decreased investments in China as a result of the recent Covid outbreak, according to a survey published Monday by the American Chamber of Commerce in China.
The survey — which was conducted from April 29 to May 5 with 121 member companies participating — also detailed the impact of Shanghai's lockdown on American firms. The city is China's financial hub and has been under a lockdown since the end of March.

The two men killed as they floated holding onto their capsized boat in a secondary strike against a suspected drug vessel in early September did not appear to have radio or other communications devices, the top military official overseeing the strike told lawmakers on Thursday, according to two sources with direct knowledge of his congressional briefings.












