China Sees Exports Tumble Due To Zero-Covid Policy ...Middle East

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China Sees Exports Tumble Due To Zero-Covid Policy
A combination of strict Covid-19 containment measures hobbling factories and a global economic slowdown have kneecapped China’s trade position, official figures out today revealed. Beijing’s commitment to blanket lockdowns to stop the spread of the virus has disrupted production, forcing down factory output and leaving Chinese exporters with fewer goods to ship abroad. The world’s largest listed company and iPhone maker Apple today said it expects fewer shipments of its products from China. Foxconn’s – Apple’s…

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