News Snapshot:
“Shanghai has a window of opportunity to rebuild the trust eroded over the past three years,” said Bettina Schön-Behanzin, chair of the Shanghai chapter of the European Chamber of Commerce in China, calling on the city’s government to take “tangible steps to build a business environment that is transparent and predictable”. No foreign tourists While domestic trade has taken off in the wake of Beijing scrapping pandemic restrictions late last year, Shanghai’s full global reintegration lags behind. Last month, the city welcomed just 180,000 international air arrivals, compared with 2.7 million in January 2019, according to data from the airport...
