News Snapshot:
BEIJING, China — China will continue to open to the world, President Xi Jinping told a trade summit on Wednesday, just days after Beijing doubled down on its strict border controls. Xi’s remarks come as many foreign businesses have found their operations halted due to a lingering Covid-19 lockdown in financial hub Shanghai, with the American Chamber of Commerce warning it was bracing for an “exodus” of foreign talent due to unrelenting restrictions. Beijing has been digging its heels in on a strict zero-Covid policy of stamping out clusters as they emerge, but an Omicron flare-up has resulted in tangled...
