Nov 25, 2022 7:00:00 AM | LGT Navigator
LGT Navigator: Daily Covid cases in China break record
Covid cases reached a high in China, breaking a record from mid-April and unsettling some investors who had hoped that the world’s second-largest economy would soon be reopened completely. Outbreaks were spread across the country, including in the southern industrial epicenter of Guangzhou. Stricter measures such as mandatory testing, quarantine and lockdowns, particularly in industrial hot spots, could wreck global supply chains and affect other economies.