China has imposed widespread lockdowns following its latest virus outbreak, including in the commercial hub Shanghai. Photo: Bloomberg
China has imposed widespread lockdowns following its latest virus outbreak, including in the commercial hub Shanghai. Photo: Bloomberg
China GDP

Coronavirus: Shanghai lockdown heaps pressure on China’s GDP growth, with ‘more uncertainties’ to come

  • China could see as much as 10 percentage points shaved off economic growth on a quarterly basis if zero-Covid is maintained, Everbright Securities says
  • The world’s No 2 economy is facing its worst virus outbreak in two years and has imposed widespread lockdowns, including in the commercial hub Shanghai

China has imposed widespread lockdowns following its latest virus outbreak, including in the commercial hub Shanghai. Photo: Bloomberg
China has imposed widespread lockdowns following its latest virus outbreak, including in the commercial hub Shanghai. Photo: Bloomberg
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