3min chapter

Business Daily cover image

The cost of China’s zero-Covid policy

Business Daily

CHAPTER

The Long-Term Impact of China Lockdowns

Shanghai is usually a huge bustling metropolis and an economic center of China. I think the short-term pain is going to be significant, we can't downplay that at all. We are hearing and seeing on social media a level of frustration among Shanghai residents who are getting a little fed up. That does have an impact on the company. Certainly, companies, but also has a psychological impact as well on the confidence that you have in a market going forward.

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