Economic Affairs

China's lockdown-led slowdown

It could have a big global impact on growth and supply chains and there are no easy solutions

Near-empty roads during a lockdown in Shanghai on May 3, 2022. PHOTO: BLOOMBERG
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It has now been just over a month since most of the 25 million people in China's financial capital Shanghai have been under pandemic-induced lockdown.

Last week, about three-quarters of the 22 million people of Beijing lined up for Covid-19 tests, bringing economic activity to a near halt.

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