
Why the surge of COVID in China looks a lot like 2020
The Decibel
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The Impact of COVID Controls on China's Economy
The economy is not looking in great shape. Manufacturing and service sector activity is some of their lowest levels since 2020. We've got labor shortages all over the country. They've been kind of calling out to people that if you're out of work or you only work part-time, can you come and pick up some shifts as the delivery driver because we don't have any? Wow. And so that's really bad. I'm sure there will be a huge amount of stimulus going forwards into 2023. It's a really kickstart economy again.
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