Zero Covid: China pleads for “urgent” support for its economy


Source: abcbourse.com abcbourse.com

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Employees load boxes onto a tricycle to deliver them to confined residents on May 18, 2022 in Shanghai (AFP / Hector RETAMAL) Confinements that paralyze activity, rising unemployment, disrupted supply chains: Chinese Premier Li Keqiang pleaded on Wednesday for “emergency” measures to support a national economy battered by anti-Covid restrictions. China has been facing a resurgence of the epidemic for several months, which is affecting several parts of the country to varying degrees. Under the zero Covid health strategy, several cities have been locked down, including the major port metropolis of Shanghai, which is weighing heavily on production and consumption....