by on August 13, 2025
While China has shown no sign of ditching its "zero-clearance" policy aimed at containing outbreaks as quickly as possible, it has told local governments across the country to minimise the impact of counter-COVID measures on people's daily lives. "As the virus has spread to around 20 provinces in China and with a tendency of spreading more widely, the hit on consumption would last for a while, unlike our previous forecasts with a gradually warming consumption recovery," said Tang Jianwei, chi...
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