Foreign businesses in China fighting for survival prepare for whatever comes next | NewsTrack English 1

BEIJING: In a time of unprecedented hardships and uncertainties, it may seem risky for Chinese foreign businesses to stand on the fence. However, for some people, waiting is still the safest course of action, at least for a while. Many foreign companies that are determined to maintain a presence in the country continue to delay expansion plans or, according to business insiders and representatives, even in the Greater Bay Area, one of China’s most economically dynamic regions. Expansion plans have started getting delayed. It comes after more than two years of stringent and sometimes illogical coronavirus controls, supply chain issues…