China Lockdowns Cost at Least $46 Billion a Month, Academic Says - BNN

3/28/2022 12:00:00 AM3 years 1 month ago
by Bloomberg News
by Bloomberg News
China’s Covid lockdowns are likely costing the country at least $46 billion a month, or 3.1% of GDP, in lost economic output, and the impact could double if more cities tighten restrictions.
(Bloomberg) -- Chinas Covid lockdowns are likely costing the country at least $46 billion a month, or 3.1% of GDP, in lost economic output, and the impact could double if more cities tighten restrict… [+4584 chars]
full article...