Companies doing business in China were given a nasty surprise when their earnings got hit as a result of Beijing’s nearly three years of extensive lockdowns followed by a sudden reopening in early December 2022.
Prime Minister Prayut Chan-o-cha is confident the country will receive more than 30 million foreign tourist arrivals this year as the economically vital tourism sector gathers steam, a spokesman said on Tuesday.
China’s reopening after abandoning its strict pandemic curbs has raised hopes of welcoming back key foreign staff. But with many overseas professionals still wary, some companies are pulling out all the stops to make it worth their while.