MNCs ready to grab chance of global biz trips

Optimistic outlook: Blume behind the wheel of a Volkswagen ID. Buzz during a news conference in Berlin. The company chairman says he expects China’s automobile market to sustain its recovery momentum in 2023. — Reuters

BEIJING: Global firms are ready to take advantage of the opportunities in the recovering Chinese market, with some making long-awaited business trips and others staying on top of the latest policy moves.

On his recent business trip to China, Oliver Blume, chairman of the board of management of Volkswagen AG, solidified his optimism.