Nearly two months after Shanghai was placed under lockdown, there are growing concerns among economists of far-reaching disruptions. Photo: Reuters
Explainer |
What has China done to minimise impact of zero-Covid, and why are global-recession risks rising?
- ‘Confluence of shocks’ – including Ukraine war, coronavirus outbreaks in China, and the US Fed’s monetary tightening – are raising alarms over global economic growth
- Beijing had vowed that ‘stability’ would be the top priority this year, but analysts say ‘2022 has been anything but stable’, and leadership ‘must feel so disappointed’
Nearly two months after Shanghai was placed under lockdown, there are growing concerns among economists of far-reaching disruptions. Photo: Reuters
