Mainland China is being racked by Covid, once again

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Written By Jennifer Joslyn
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🇨🇳 Mainland China is being racked by Covid, once again.

The daily Covid case count has risen to around or more than 28,000 positive cases, which matches the numbers mentioned during the Shanghai lockdowns earlier in 2022. China’s stringent Covid controls have negatively affected nearly 20% of China’s economy, according to Nomura’s Chief China Economist Ting Lu. It is expected that China will fully reopen again by the third quarter of 2023.

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Jennifer Joslyn
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