Business

War in Europe and China’s Battle With Covid Boost U.S.’s Business Appeal

European businesses are stepping up U.S. investment as executives search for growth and stability amid turbulence caused by the war in Ukraine and tough Covid-19 lockdowns in China.

The U.S. economy has emerged strong from the pandemic, while Europe’s recovery prospects have been cast into doubt by the Ukraine war. Plus Beijing’s stringent zero-Covid policy and regulatory crackdowns on technology companies and debt problems at large real estate businesses have raised questions about its commitment to economic growth. Exposure to the Chinese market has provided enormous growth and profits for European companies over the past decades.

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