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Why China’s new COVID outbreak is seeing the Aussie dollar fall… and what this means for ASX shares – Motley Fool Australia

China, the original epicentre of the COVID-19 pandemic, was among the first to control the spread. But a new outbreak now threatens.

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The COVID-19 pandemic first struck in Wuhan, China, sending the city of 11 million people, the wider Hubei region and much of the nation into strict lockdown.
The extreme mitigation measures China immediately took placed the nation in the enviable position as one of the few to have contained the deadly virus.
But with today’s reports of renewed outbreaks, China again faces the prospects of an unchecked coronavirus spreading amongst its massive population.
What did China report?
China has reported…

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