Stocks, oil skid as China's COVID-19 protests roil sentiment

raised worries about the management of the virus in the world's second-largest economy.

There were also protests in Wuhan, Chengdu and parts of the capital Beijing late Sunday as COVID-19 restrictions were put in place in an attempt to quell fresh outbreaks. "A growing list of cities, including those with large populations, have imposed strong restrictions on movement because of a surge in infections, there will inevitably be a negative impact on economic activity from the restrictions on movement," CBA analysts said on Monday.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks, oil skid as China's COVID protests roil sentimentSYDNEY : Stocks and oil weakened on Monday as rare protests in major Chinese cities against the country's strict zero-COVID policy raised worries about management of the virus in the world's second-largest economy.MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.6 per cent, after U.S.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »