People queue to receive nucleic acid tests for Covid-19 in Shenzhen after an outbreak in the southern province of Guangdong. Photo: AFP
Coronavirus: Guangzhou outbreak leaves small firms reeling amid fears of possible ‘spillover effects’ on nearby cities
- Coronavirus containment measures, including lockdowns and service suspensions, have crippled business operations for many firms in Guangdong
- Analysts say the outbreak could wipe up to a percentage point off economic growth in Guangzhou city, but the effect on China’s broader economy is forecast to be small
People queue to receive nucleic acid tests for Covid-19 in Shenzhen after an outbreak in the southern province of Guangdong. Photo: AFP