After lockdown, Shanghai tries to mend fences with foreign firms

Shanghai officials are seeking to revive confidence among multinational companies bruised and frustrated by the city's COVID-19 lockdown by holding multiple meetings with foreign firms and easing a key border requirement for overseas workers.

The image of China's most cosmopolitan city and its biggest business hub was badly damaged by the two-month lockdown, with countless expatriates relocating and foreign businesses warning that they are reconsidering investment plans.

The Shanghai government plans to hold 20 meetings this month with foreign firms engaged in key industries such as automobiles, trade, semiconductors and biomedicine, a report by the Jiefang Daily, a Shanghai government-backed newspaper, said