lockdown

Chinese lockdown unrest upends global economic outlook

Chinese lockdown unrest upends global economic outlook

Growing protests over tough pandemic restrictions in China – the world’s second largest economy – are injecting a new element of uncertainty and instability into the global economy as nations already struggle to manage the fallout from a war in Ukraine, an energy crisis and painful inflation. For years, China has served as a global …

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China's COVID-19 lockdown protests rock US and global markets

China’s COVID-19 lockdown protests rock US and global markets

Protests in several cities across China against the country’s so-called zero COVID policy rocked global markets on Monday, adding to fears over stagnant growth and supply chain crunches as the holiday shopping season resumes. The S&P 500 index of major US stocks fell three-quarters of a percent, dipping below 4,000 in Monday morning’s trading session. …

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