In Summary The ceaseless lockdowns are hitting China so hard that second-quarter growth in an economy that used to boast of 10%+ growth rates is forecast to be only 1.8%. This means not only unemployment and potential unrest, but Chinese customers elsewhere shifting away from dependence on supply chains originating in China. Even the Pope claims to be infallible only on matters of faith and doctrine. On the chance of rain or the speed of a racehorse, he will freely admit that he is just as fallible as you and I. Please enable JavaScript to view the comments powered by Disqus.

Source: The Star May 05, 2022 06:59 UTC