World Review from the New Statesman cover image

Inside China’s Covid crisis

World Review from the New Statesman

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What's Next for China's Economy?

In the short term, I think the picture is going to be quite bleak. We're already seeing reports of factories having to spend production. Tesla, for instance, has had a temporary halt because workers are getting sick and they're not able to come to work. The decision to make this shift now in the winter months and right ahead of the lunar New Year holiday can expect the short term spike to be worse than expected. So this is a story and an issue that is going to reverberate far beyond China's borders.

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