Business
New wave: China’s COVID infections cloud economic recovery – Al Jazeera English
Economists say consumption, which typically accounts for more than half of the Chinese economy, has lagged.
From cancelled hotel bookings ahead of the Lunar New Year to steel piled up at mills because of transport curbs in Hebei province, Chinas battle against a new wave of COVID-19 infections clouds what has been a dramatic economic recovery.
New coronavirus cases in China are at 10-month highs, prompting the lockdown of 28 million people in two provinces, disrupting logistics and industrial activity, with millions expected to scrap holiday travel plans in a blow to Chinas efforts to get consumption…
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