Dynamic clearing’ turns China’s economic indicators to red

China’s relentless battle against Covid-19 continues, with the country’s ‘dynamic clearing’ policy requiring all local governments to implement strict containment measures as soon as local cases climb into double figures. Shanghai has grabbed global headlines, but the current outbreak has spread widely across China. GDP growth had already decelerated to 4.8% year-on-year in Q1. But … Continue reading Dynamic clearing’ turns China’s economic indicators to red