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China's widening COVID curbs exact mounting economic toll | Hellenic Shipping News Worldwide

China’s top European business group warned on Wednesday that its “zero-COVID” strategy was harming the attractiveness of Shanghai as a financial hub, echoing analysts voicing caution over the mounting economic toll of the country’s coronavirus curbs. China has for the past month been tackling multiple outbreaks with an elimination strategy that seeks to test, trace ...
Wu Zunyou Alex Richardson Joerg Wuttke Dan Wang Kevin Yao Josh Horwitz

China's elevated Covid cases may not hit the economy as hard as feared | Hellenic Shipping News Worldwide

As China tackles its worst Covid-19 outbreak since the initial phase of the pandemic, consumption looks set to be hit the hardest while factories find ways to keep producing. Mainland China reported for Wednesday a second-straight day of declines in new confirmed cases. The 1,226 new locally transmitted cases reported for the day is only ...
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