A quiet intersection in Shanghai. The effects of the extended lockdowns in China are still rippling through the global economy, and Europe could be among the hardest hit if the disruptions persist. Photo: AP
Opinion
Opinion
The View
The cost of China’s zero-Covid policy is climbing, for Europe especially
- Beijing’s continued insistence on zero Covid could see Europe facing heavy losses as raw material shortages and supply chain disruptions weigh on exports
- The rising cost of trade comes when Europe is already dealing with the crisis in Ukraine, making its road to recovery even more uncertain
A quiet intersection in Shanghai. The effects of the extended lockdowns in China are still rippling through the global economy, and Europe could be among the hardest hit if the disruptions persist. Photo: AP
