A city near Beijing, China, has been locked down in response to rising COVID-19 casesOn Monday there was news of lockdowns in Shenzen and Shanghai. China's 'zero' policy on COVID-19 has economic costs, of course. Services are particularly vulnerable to lockdown disruption, while yesterday we received reports of various factory closures also. Supply chain disruption will increase.
Source: A city near Beijing, China, has been locked down in response to rising COVID-19 cases (https://www.forexlive.com/news/a-city-near-beijing-china-has-been-locked-down-in-response-to-rising-covid-19-cases-20220314/)
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