Omicron Variant Grips Markets
Bloomberg Businessweek
00:00
What Will Happen if China Continues to Be Shut Down?
If china continues to be shut down or closed off, from the rest of the world. What does that mean in terms of global economic growth or the global economic repercussions? So it means extensive lock downs yday. The they've shut down the port of ningbor the port of dalian. It's going to mean travel restrictions. Factories close down. Factory output is slumping a consumer demand in china is down because people are worried about going out and being exposed to covid. And that's before omekron which is apparent, by all accounts, a good deal more transmissible than delta.
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