Coronavirus: Shanghai lockdowns spark fear, frustration among European firms about zero-Covid policy

Source: China – South China Morning PostA two-stage coronavirus lockdown in the financial hub of Shanghai is raising fears among foreign investors that China will stick to its zero-Covid strategy longer than first thought, while putting pressure on businesses and making the country one of the last in the world to emerge from the pandemic.The snap decision, which comes only days after city authorities rejected calls for a lockdown, has caught many foreign firms headquartered in the city of 25 million people by surprise.“While the…Read More

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