China’s Covid Lockdowns Are Rippling Through the Economy. Here’s How - Bloomberg

2022-07-06 23:35:33 By : Mr. Wike Wang

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China’s lockdowns to contain the country’s worst Covid outbreak since early 2020 have battered the economy, stalling production in major cities like Shanghai, and halting spending by millions of people shut in their homes. 

The restrictions are intended to eradicate any trace of the virus in the community, but they’ve also pressured everything from manufacturing and trade to inflation and food prices.