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World Economy Faces Supply Hit as China Battles Covid Again

  • Covid cases surge above 5,000 to highest level since 2020
  • China’s outbreak comes as world grapples with Ukraine fallout
Bloomberg business news
China Reports Over 5,000 Covid Cases as More Cities Locked Down
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The global economy -- already struggling with war in Ukraine and the stagflation risks it’s fanning -- is bracing for greater disruption as China scrambles to contain its worst outbreak of Covid-19 since the pandemic began.