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An Omicron outbreak in China is sending jitters through supply chains as manufacturers and shippers brace for disruption inside the world’s biggest trading nation if it can’t contain the fast-spreading variant. In 2020 and 2021, China’s “Covid-zero” strategy meant factories could stay open throughout the pandemic to produce everything from…
Omicron is causing the same level of chaos for supply chains as previous variants.
Debt problems at a major Chinese property developer have now spilled over into a vital artery of the nation’s industrial engine – the steel sector – and started to ripple through to other critical parts of the world’s second-largest economy. The spreading balance-sheet crisis at real estate firms is a warning for policymakers as a ...
By Min Zhang and Ryan Woo BEIJING (Reuters) - Debt problems at a major Chinese property developer have now spilled over into a vital artery of the nat...
BEIJING—Debt problems at a major Chinese property developer have now spilled over into a vital artery of the ...