Economics
China’s Covid Lockdowns Strain Economy and Global Supply Chains
- Factories shaken by restrictions in Shenzhen and Changchun
- Beijing calls for contingency plans as outlook worsens
WATCH: Grace Ng of JPMorgan discusses what the latest manufacturing PMI figures say about the outlook for China’s economy and policies.
Source: Bloomberg
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China’s Covid lockdowns are putting the economy under strain and threatening to disrupt global supply chains, prompting Beijing to call for more contingency plans to deal with the risks.