Zero-covid costs spread
Chinese
leader Xi Jinping's decision to stick with a zero-covid policy that
worked in 2020 but has not stopped the spread of the Omicron variant has
brought lockdowns in Shanghai, Shenzhen and Beijing among 45 mainland
cities, affecting nearly 400 million people. The economic damage to
China is now spilling over to U.S., Europe, Japan and others in a global
economy struggling with shortages, inflation and the Ukraine conflict.
Credit: Rebel Pepper
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