What does China's COVID surge mean for the global economy?

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What does China's COVID surge mean for the global economy?
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COVID-19 cases have surged in China since stringent restrictions were lifted and there are concerns about the economic ramifications this could bring.

Help keep family & friends informed by sharing this articleCOVID-19 cases have surged in China since stringent restrictions were lifted earlier this month and, given the country's financial might, there are concerns about the possible impact on the global economy.of lockdowns and testing after people protested against the curbs which kept the virus at bay among its 1.

That's because the inevitable spike in infections will render more people temporarily unable to participate in the labour force.Cases are soaring across China and hospitals are struggling to keep up, with authorities conceding they can no longer accurately track cases.in the past week, but theThe WHO says it has received reports of 443 deaths in the week to Tuesday, compared to just seven reported officially by China.

"Many asymptomatic people are no longer participating in nucleic acid testing, so it is impossible to accurately grasp the actual number of asymptomatic infected people," the NHC said last week.WatchIn Chongqing — a city of 30 million where authorities this week urged people with mild COVID symptoms to go to work — one worker told AFP their"The number of bodies picked up in recent days is many times more than previously," a staffer said.

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