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The realities of doing business in China in 2023

  • Houses of Parliament SW1A 0AA London United Kingdom (map)

2022 turned out to be a challenging year for British businesses operating in China.

Unexpected lockdowns caused by COVID-19 outbreaks, weak consumption trends, a struggling property sector, and newfound geopolitical tensions caused serious disruptions to supply chains and damped global business confidence in the country. However, UK-China trade has remained relatively stable and foreign direct investment in mainland China continues to grow year-on-year.

With the end of China’s zero-COVID policy now in sight, is there light at the end of the tunnel for British businesses? Which industries are likely to be most impacted by Beijing’s policy priorities? Does optimism remain about the long-term prospects of doing business in China despite the country’s stuttering economic growth and rising geopolitical tensions?

The China Research Group is delighted to be joined by members of the British Chamber of Commerce in China - all of whom have been based in China for the last three years - to discuss the realities of doing business in China.