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Chinese authorities have placed more than 37 million people in lockdown after experiencing its worst COVID-19 surge since the early days of the coronavirus pandemic. The situation is believed to affect global supply chains as China is home to roughly a third of the world's manufacturing capacity.

Chinese authorities said that the Asian nation could act as a mediator in the ongoing war between Russia and Ukraine without jeopardizing its relationship with Moscow. Chinese President Xi Jinping is also wary of Western sanctions if it interferes with the European situation.